Lecture 13Domestic & International Money Markets
Domestic
T-Bills
Public IssueTender IssueAuction Issue
Direct Placement+ Tranches
Commercial Paper
Interbanks
Acceptances, Repurchases
CDs
Also:
Cool Reading:Carpenter and Demiralp, 2006
International
Eurodollars/Euromarket
Bonds
Macauley Durations/Yield Curves
Next Time
Options
Read Pilbeam, Cht 14, Liebowitz, (2005), in coursepack.
Recommended