chapter5bon紫dmarket.pptVIP

Chapter 5 Bond Market Course Structure Part1 Bond Essence and Characteristics of Bonds Issuance of Bonds Types of Bonds Part2 Bond Market Functions of Bond Market Credit Rating of Bonds Negotiation of Bonds Preview The last chapter discussed short-term securities that trade in a market we call the money market. This chapter talks about the first of several securities that trade in market we call the capital market. Capital markets are for securities with an original maturity that is greater than one year. These securities include bonds, stocks, and mortgages(抵押贷款) .  How the capita