财经英语教学资料：Chapter 4 Bond Market-ss.docVIP

Chapter 4 Bond Market Warming up Look at the pictures above and discuss the following questions with your partner. Why are individuals/businesses/government in need of money from time to time? What do you do when you are in need of money? What does a business do when it needs money? What does a government or government agency do when it needs money? Text A An Introduction to Bonds By Moorad Choudhry P1 Bonds are the basic ingredient of the world’s debt-capital markets, which in turn are the cornerstone of the world’s economy. Consider how many television news programme