Financial Markets

  1. Money Markets
    1. Characteristics of Money Market Instruments
      1. Short-Term Maturity
        1. High Liquidity
          1. Low Default Risk
            1. Large Denominations
            2. Treasury Bills
              1. Government Backing
                1. Discount Pricing
                  1. Maturity Terms
                    1. Auction Process
                      1. Yield Calculation Methods
                      2. Commercial Paper
                        1. Corporate Issuers
                          1. Unsecured Nature
                            1. Maturity Characteristics
                              1. Credit Rating Requirements
                                1. Backup Credit Facilities
                                2. Certificates of Deposit
                                  1. Bank-Issued Time Deposits
                                    1. Negotiable vs. Non-Negotiable CDs
                                      1. Interest Rate Features
                                        1. Secondary Market Trading
                                        2. Repurchase Agreements
                                          1. Collateralized Lending
                                            1. Repo vs. Reverse Repo
                                              1. Term Structure
                                                1. Uses in Monetary Policy
                                                2. Federal Funds Market
                                                  1. Interbank Lending
                                                    1. Federal Funds Rate
                                                      1. Role in Monetary Policy
                                                        1. Overnight vs. Term Fed Funds
                                                        2. Banker's Acceptances
                                                          1. Trade Finance Applications
                                                            1. Bank Guarantee Features
                                                              1. Secondary Market Liquidity
                                                              2. Eurodollar Deposits
                                                                1. Offshore Dollar Deposits
                                                                  1. Interest Rate Characteristics
                                                                    1. Regulatory Considerations

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                                                                  2. Classification of Financial Markets

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                                                                  4. Capital Markets - Equity Securities