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. |
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