1. Mashreq
An Introduction to Treasury & Capital
Markets

2. 2
Table of Contents
 Treasury & Capital Markets - Overview
> Rates & Structured Solutions
> Asset Management – Overview
> Corporate FX Services – Overview
> Equity Derivatives
> Why Mashreq

3. 3
Treasury & Capital Markets
- Overview

4. 4
Treasury & Capital Markets - Overview
 Mashreq provides clients with efficient and seamless
execution
 Operates 24 hours a day out of the Central Dealing Room
in Dubai, providing continuous coverage of all global
markets
 Provides a comprehensive array of innovative products
and services to corporates and individuals, ranging from
> Foreign Exchange Trading and Related Products
> Interest Rate Products
> Asset management
> Structured Asset & Liability Solutions
> Domestic & International Equities
> Futures Trading

5. 5
Treasury & Capital Markets – Products & Services
 Tailor made FX hedging
strategies
 FX Structured Solutions
 FX Spot, Forward, Options,
Swaps
Corporate FX Services
 Capital Guaranteed
Structures
 Non Capital Guaranteed
Structures
 Islamic Structures
 Interest Rate Options,
Swaps, FRAs.
 Tailor made hedging
strategies
Structured Solutions
 Brokerage services for domestic
equities
 Segregated desks for retail &
institutional clients
Mashreq Securities
Futures/Margin Trading
 Precious Metals
 Currencies
 Interest Rates
 International Equities
 Commodities
TCM
 Open Ended Domestic &
Regional Equities Funds
 Open Ended Regional Fixed
Income Funds
 Discretionary Portfolio
Management
Asset Management

6. 6
Rates & Structured Solutions

7. 7
Overview
 The Structured Solutions team focuses on:
> Creating hedging solutions for corporates and institutions to
reduce, eliminate, or offset their interest rate/commodity
exposure
> Designing products tailored to meet the needs of a diverse client
base
> Investing time in each of the client relationships
 Offers an extensive array of products to suit individual
client preferences
 Provide an efficient way to take indirect exposure to
Fixed-Income and Commodities with full or partial capital
protection
 A strong team of qualified and experienced professionals
with expertise in structuring hedging and investment
solutions

8. 8
Overview
 The team provides hedging solutions for the following
commodities:
Crude
•WTI
•Brent
Refined Products
•Jet Fuel
•Diesel
•Fuel Oil
•Gasoline
•Coal
•Natural Gas
Energy
Precious
•Gold
•Brent
•Platinum
Industrial
•Aluminum
•Copper
•Nickel
•Zinc
•Steel
Metals/Alloys
•Corn
•Soybean
•Wheat
•Sugar
Agricultural

9. 9
Asset Management - Overview

10. 10
Asset Management - Executive Summary
 Mashreq’s Asset Management business comprises of the
Makaseb family of Mutual Funds and Discretionary
Investment Accounts
 Makaseb Funds Company, domiciled in Bahrain, is
regulated by the Central Bank of Bahrain under their rules
governing Collective Investment Undertakings
 It provides an umbrella fund structure with 5 mutual funds
currently in operation
 Standard and Poor’s recently assigned its ‘AA’ very high
quality rating to Mashreq’s Makaseb Arab Tigers Fund and
its ‘A’ high quality rating to both the Makaseb Qatar Equity
Fund and the Makaseb Emirates Equity Fund
 Discretionary Investment accounts are customized
solutions to meet specific client needs and objectives

11. 11
Asset Management - Overview
Regional Investment Expertise
 Equity: Middle East and North Africa coverage, all major
stocks and markets
 Fixed Income: Regional and emerging markets expertise
Institutional Solutions
 Managed Accounts: customized solutions to meet specific
client needs and objectives
 Transparent benchmarks for performance measurement,
e.g. MSCI regional indices
 ‘Mix and Match’ country, sector, investment plays within
region and across asset classes
 Mutual Funds: Flexible fee structure considerations

12. 12
Corporate FX Services - Overview

13. 13
Overview
 The FX Desk provides extensive round the clock coverage
of foreign exchange markets in an effort to meet the
trading and hedging requirements of corporate clients
 We offer an extensive array of FX products including
spot, forwards, options, and several types of structured
solutions
 The product can be customized to the needs of the client
and structured to suit an individual client’s specific
exposures, market views, and tolerance for risk
 We provide our clients with general economic and FX
market commentaries to help keep them informed about
news and events affecting the foreign exchange market

14. 14
Products & Services
 Product Offerings are:
>FX Spot Trading - Spot deal involves the buying/selling of
currencies with settlement in two trading days
>Fixed FX Forwards - involves the buying/selling of currencies
with settlement at a future date at a rate fixed today
>Flexi FX Forwards - involves buying/selling of currencies with
settlement within a future time frame at a rate fixed today
>FX Currency Options - are contracts between two parties that
gives the owner the right to buy or sell a currency at a specific
price within a specified time period. We offer efficient tailor
made solutions to cater to the specific hedging requirements of
each client
>FX Swaps - are contracts that involve the exchange of principal
and interest in one currency for principal and interest in another
currency at the start (Optional) and at the end of the swap at a
pre-agreed exchange rate

15. 15
Equity Derivatives

16. 16
Overview
 The Equity Derivatives team focuses on:
>Creating solutions for corporates and institutions to take exposure to
global and regional equity markets
 Designing products tailored to meet the needs of a
diverse client base
 Provide an efficient way to take indirect exposure to
equities with full or partial capital protection
Funded
Reverse
Convertibles
Total Return
Swaps
Capital Guaranteed
Products
Alternative
Investment
Distribution
Fund Management
Unfunded
Hybrids
Equities
Private Equity
Distribution
Equity Hedging
Buying/Writing
Calls and Puts

17. 17
Why Mashreq

18. 18
Mashreq
 Mashreq is the largest privately owned and the second
oldest commercial bank in the UAE
> Total Assets of AED 93.2 billion (US$ 25.4 billion) as of 31 Dec 2008
> 47 branches across the UAE and 12 overseas offices in 9 countries
 The Bank’s long-term foreign currency rating is A2 by
Moody’s and A- by S&P
 Mashreq has established business lines with diverse
product offerings that cover all aspects of banking (Retail,
Corporate, Investment Banking, Treasury, Capital Markets,
FIs)
 The Bank has strong brand equity in the dynamic and
highly competitive UAE market place, having pioneered
many innovative products and services

19. This publication contains material that has been prepared by Mashreqbank for your
private information and we are not soliciting any action based upon it. It is not to be
construed as an offer to sell or a solicitation of an offer to buy any security in any
jurisdiction where such an offer or solicitation would be illegal. It is indicative and
based upon information that we consider reliable but we do not represent that it is
accurate or complete and it should not be relied upon as such. Opinions expressed are
current opinions as of the date appearing on this material only and are subject to
change without notice. Not all products are suitable for all investors. Investors should
have sufficient knowledge, experience and/or suitable professional legal, regulatory,
tax, business and accounting advice to undertake their own assessment.