In finance, margin is a collateral that the holder of a financial instrument has to deposit with a counterparty to cover some or all of the credit risk the holder poses for the counterparty.

1.Choose a bank that is operating in Egypt and discuss the following points:

a.List the different types of certificate of deposits issued by the bank that you chose taking into consideration different maturities.

b.Compare the rates of different certificate of deposits with the risk free rate and comment on your comparison taking into consideration the characteristics of those investment alternatives