Instruments(金融工程-南开大学,王小麓)).pptxVIP

 Financial Marketsand InstrumentsChapter 2 Major Classes of Financial Assets or SecuritiesDebt Money market instruments BondsCommon stockPreferred stockDerivative securities Markets and InstrumentsMoney MarketDebt InstrumentsDerivativesCapital MarketBondsEquityDerivatives Money Market InstrumentsTreasury billsCertificates of depositCommercial PaperBankers AcceptancesEurodollarsRepurchase Agreements (RPs) and Reverse RPsFederal Funds Money Market Instrument YieldsYields on Money Market Instruments are not always directly comparable.Factors influencing yields. Par value vs. investment value36