TAILIEUCHUNG - Lecture Financial institutions, instruments and markets (4/e): Chapter 12 - Christopher Viney

Chapter 12 - Government debt, monetary policy, the payments system and interest rates. After completing this chapter, students will be able to: Outline reasons why governments borrow; describe features of the main debt instruments and market participants; show how government securities are priced; discuss monetary policy, interest rates and the payments system. | Chapter 12 Government Debt, Monetary Policy, the Payments System and Interest rates Websites: Learning Objectives Outline reasons why governments borrow Describe features of the main debt instruments and market participants Show how government securities are priced Discuss monetary policy, interest rates and the payments system Chapter Organisation Introduction Commonwealth Govt Borrowing Types of Commonwealth Govt Securities State Govt Securities Monetary Policy The Payments System Summary Introduction Govts need to fund capital and recurrent expenditures This is achieved by issuing debt securities in the money and capital markets Fiscal policy relates to the annual incomes and expenditures of a govt Monetary policy affects the level of short-term interest rates by adjusting the level of financial system liquidity Chapter Organisation Introduction Commonwealth Govt Borrowing Types of Commonwealth Govt .

• Tài chính doanh nghiệp
• Financial institutions
• Financial Instruments
• Financial markets
• Financial system
• Government debt
• Monetary policy
• Lecture Financial markets and institutions
• Financial institutions markets
• Risks at financial institutions
• Market risk
• Savings institutions
• Credit unions
• Commercial banks
• Financial statements
• Financial markets and institutions
• Interest rates change
• Financial institutions exist
• Central banking
• Capital markets
• Money markets
• Interest rate fundamentals
• Interest rates
• Security valuation
• Federal reserve system
• Money market yields
• Bond markets
• Municipal bonds
• Mortgage markets
• Primary mortgage market
• Stock markets
• Common stock
• Foreign exchange markets
• Foreign exchange
• Derivative securities markets
• Futures markets
• Commercial bank liabilities
• Regulation of commercial banks
• Deposit guarantee funds
• Insurance companies
• Life insurance companies
• Securities firms
• Investment banks
• Mutual funds
• Hedge funds
• Pension funds
• Private pension funds
• Managing credit risk
• Balance sheet
• Managing liquidity risk
• Managing interest rate risk
• Insolvency risk
• Managing risk
• Loan sales
• Managing risk off the balance sheet