(货币市场).pdfVIP

Money Market (貨幣市場 ) vs. Capital Market (資本市場） Financial market are segmented into money markets and Ch 6 利率期貨 capital markets. Money Market (貨幣市場 ) Short-term, marketable, liquid, low-risk debt Interest Rate Futures securities. Capital Market (資本市場） Longer-term and riskier securities. 1 2 Treasury Bonds, Notes and Bills 天數計算的慣例 (Day Count Conventions) Day count conventions vary from country to country Treasury Bond: A long-term, coupon-bearing and instrument to instrument. instrument issued by the government to finance its debt. (10yr ≦ ＊) Actual/365: Money market instruments in Australia, Canada. Treasury Note: A mid-term, coupon-bearing instrument issued by the government to financ