Résumé
A common way to classify financial markets is to distinguish between:
- Money markets, length of the loan on the initial maturity 1 year.
- Capital market, length of the loan on the initial maturity 1 year.
(...)
Table of contents:
MONEY MARKETS
- The discount market
- The commercial paper market
- The certificate of deposit market
- The Interbank market
- Money market deposits
- Repurchase agreements
- Characteristics of the money markets
- Eurocurrency markets
THE DETERMINATION AND STRUCTURE OF INTEREST RATES
- The nominal interest rate
- The term structure of interest rates