H. Kong jobless rate rises in May–July '25    Egyptian pound opens flat on Wednesday    Contact Reports Strong 1H-2025 on Financing, Insurance Gains    Egypt expresses 'deep dissatisfaction' to Netherlands over embassy attack    Global pressure mounts as Gaza fighting intensifies and death toll surges    Egypt, India's BDR Group in talks to establish biologics, cancer drug facility    AUC graduates first cohort of film industry business certificate    At TICAD, Egypt's education minister signs pacts with Casio, SAPIX    Madbouly invites Japanese firms to establish industrial zone in SCZONE    Cairo, Tokyo sign LOI to expand educational cooperation, support for persons with disabilities    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Al-Sisi meets Qatar PM, Bahrain security adviser to discuss Gaza crisis, regional stability    Egypt's FM, Palestinian PM visit Rafah crossing to review Gaza aid    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt recovers collection of ancient artefacts from Netherlands    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egypt, Namibia explore closer pharmaceutical cooperation    Fitch Ratings: ASEAN Islamic finance set to surpass $1t by 2026-end    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt to inaugurate Grand Egyptian Museum on 1 November    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



NBE, CIB remain key players in treasury bills and bonds markets
Published in Daily News Egypt on 17 - 01 - 2015

The National Bank of Egypt (NBE) and the Commercial International Bank (CIB) have, for the past 16 months, maintained their consistency as strong players in the treasury bills and bonds market. Both banks were able to achieve the top status in both markets.
During the first quarter (Q1) of fiscal year (FY) 2014/2015, NBE took the lead in the primary market treasuring bills while CIB placed second. Third place was taken by Banque Misr, while the fourth went to both Barclays Bank and Qatar National Bank Al-Ahly. Fifth position went to Crédit Agricole.
NBE remained the leader in the secondary market for treasuring bills, with second place going to Crédit Agricole. The third, fourth and fifth place went to Barclays Egypt, Arab Bank and Arab African International Bank (AAIB), respectively.
As for treasury bonds, Banque Misr took first position whiles the NBE and the CIB took the second place. The secondary market for the treasury bonds was topped by the Arab bank. The Commercial International Bank, the NBE and Bank of Alexandria followed in the second, third and fourth position.
During Q4 of FY 2013/2014, CIB and the NBE came in first and second place for the primary market of the treasury bonds. The third place went to Banque Misr, while fourth was for the AAIB. Primary market for treasury bills during the same quarter was topped by NBE, followed by Banque Misr and CIB.
The Q3 of FY 2013/2014 saw similar results in both the treasury bills and the treasury bonds, with the primary treasury bills market was dominated by the NBE and the CIB, followed by the AAIB and the Arab Bank. The primary treasury bonds market the CIB then the NBE while Banque Misr took the third position.
The same key players maintained their positions during Q2 and Q1 of FY 2013/2014. NBE, AAIB, CIB, Banque Misr, and Credit Agricole were the top banks in dealing with treasury bills and bonds.


Clic here to read the story from its source.