TAILIEUCHUNG - INSTRUMENTS OF THE MONEY MARKET

This edition of Instruments of the Money Market contains two chapters on subjects that were not included in the sixth edition: over-the-counter interest rate derivatives and clearing and settling in the money market. All of the other chapters have been either completely rewritten or thoroughly revised to reflect developments in recent years. All but three of the authors of the chapters in this edition were at the Federal Reserve Bank of Richmond when they wrote their chapters. Stephen A. Lumpkin is an economist at the Board of Governors of the Federal Reserve. | INSTRUMENTS OF THE MONEY MARKET The followng chapters were originally published in the seventh edition of Instruments of the Money Market edited by Timothy Q. Cook and Robert K. Laroche. The information in this publication although last revised in 1993 and no longer in print is still frequently requested by academics business leaders and market analysts. Given the book s popularity the Federal Reserve Bank of Richmond has made it available on the Internet. Each chapter is available seperately below. For printing purposes a PDF file of the entire publication has been made available. Foreward Chapter 1 The Money Market 1 Chapter 2 Federal Funds 7 Chapter 3 The Discount Window 22 Chapter 4 Large Negotiable Certificates of Deposit 34 Chapter 5 Eurodollars 48 Chapter 6 Repurchase and Reverse Repurchase Agreements 59 Chapter 7 Treasury Bills 75 Chapter 8 Short-Term Municipal Securities 89 Chapter 9 Commercial Paper 105 Chapter 10 Bankers Acceptances 128 Chapter 11 Government-Sponsored Enterprises 139 Chapter 12 Money Market Mutual Funds and 156 Other Short-Term Investment Pools Chapter 13 Behind the Money Market Clearing and 173 Settling Money Market Instruments Chapter 14 Money Market Futures 188 Chapter 15 Options on Money Market Futures 218 Chapter 16 Over-the-Counter Interest Rate Derivatives 238 Index FOREWORD This edition of Instruments of the Money Market contains two chapters on subjects that were not included in the sixth edition over-the-counter interest rate derivatives and clearing and settling in the money market. All of the other chapters have been either completely rewritten or thoroughly revised to reflect developments in recent years. All but three of the authors of the chapters in this edition were at the Federal Reserve Bank of Richmond when they wrote their chapters. Stephen A. Lumpkin is an economist at the Board of Governors of the Federal Reserve System. Jeremy G. Duffield is with The Vanguard Group of Investment Companies. Thomas K. Hahn is a .

• Ngân hàng - Tín dụng
• Awareness and Experience
• Getting Certified
• Normal Karyotype
• Placental Angiogenesis
• Fetal Growth Restriction
• Reduced Fetal Movements
• raising awareness
• sector’s greatest
• Obesity and Quality
• Diverse Ethnicity
• Low Socioeconomics
• Based Solutions
• service delivery
• develop strategies
• independently handling
• experience also
• communication channel