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Rose MCM cover
Money and Capital Markets: Financial Institutions and Instruments in a Global Marketplace, 8/e
Peter Rose, Texas A & M University

Introduction to the Money Market

Chapter Objectives


You will understand the many roles and functions performed by the money market in order to aid the financial system and the economy.

You will also be able to determine who the key actors—individuals and institutions—are in the workings of the money market.

You will see how money market loans and securities differ from other financial services and instruments in the financial system.

You will discover how the money market handles the fears of borrowers and lenders regarding risk in the financial marketplace and why speed and efficiency matter so much to money market participants.




McGraw-Hill/Irwin