| Category |
Securities |
| Description |
Money market instruments are issued and traded in a highly developed, fast-moving market, which plays an important role in international financing. Because money market instruments are used primarily by professional investors, their characteristics and their market procedures are not very well known. This course describes various money market instruments and the ways, in which they are issued, traded and settled. |
| Content |
- Types and characteristics of money market instruments
- Size and segmentation of money markets
- Primary market and secondary market operations
- Discounted vs. interest-paying money market instruments
- Characteristics and market practice for commercial paper, certificates of deposit and treasury bills
- Other types of money market instruments
- Calculating interest on money market instruments
- Money market instruments and risk
|
| Audience |
up to 12 participants |
| Duration |
1
days |