TAILIEUCHUNG - Lecture Money and capital markets: Financial institutions and instruments in a global marketplace (8th edition): Chapter 20 - Peter S. Rose

Chapter 20 - State and local governments in the financial markets. In this chapter, students will be able to examine the marketing process through which state and local government bonds and notes reach investors, and to learn why these instruments are attractive to investors; to explore the various ways in which state and local governments raise the funds they need. | Money and Capital Markets 20 C h a p t e r Eighth Edition Financial Institutions and Instruments in a Global Marketplace Peter S. Rose McGraw Hill / Irwin Slides by Yee-Tien (Ted) Fu State And Local Governments In The Financial Markets Learning Objectives To understand why state and local government borrowing has grown so rapidly in recent years. To explore the various ways in which state and local governments raise the funds they need. To examine the marketing process through which state and local government bonds and notes reach investors, and to learn why these instruments are attractive to investors. Introduction The borrowing and spending activities of state and local governments have been one of the most rapidly growing segments of the financial system in recent years. State and local governments are pressured by rising populations and inflated costs, while many investors are attracted by the high quality, ready marketability, active secondary market, and tax exemption .

• Tài chính doanh nghiệp
• Capital markets
• Money markets
• Financial institutions
• Financial instruments
• Global marketplace
• Local governments
• Financial system
• Financial markets
• Central banks
• Monetary policy
• Stock markets
• Lecture Money and capital markets
• Global economy
• Financial assets
• Financial transactions
• Financial information marketplace
• Financial forces
• Interest rates
• Calculating interest rates
• Risk structure of interest rates
• Interest rate forecasting
• Investment risk
• Major corporations
• Federal credit agencies
• Services of the federal reserve
• Central bank monetary policy
• Commercial banking industry
• Nonbank thrift institutions
• Insurance companies
• Investment banks
• Federal reserve system
• Local governments operating
• Business borrowing
• Corporate stock
• Consumer lending
• Residential mortgage market
• International transactions
• Currency values