The money markets(貨幣市場(chǎng))是什么_2021年ACCA考試FM知識(shí)點(diǎn)
只要持續(xù)地努力,,不懈地奮斗,,就沒有征服不了的東西,。今天東奧小編為大家準(zhǔn)備了ACCA考試FM科目知識(shí)點(diǎn),希望能夠幫助到大家,。
【內(nèi)容導(dǎo)航】
The money markets 貨幣市場(chǎng)
【知識(shí)點(diǎn)】
The money markets 貨幣市場(chǎng)
The money markets 貨幣市場(chǎng)
The money markets
The money markets are operated by the banks and other financial institutions. Although the money markets largely involve borrowing and lending by banks, some large companies, as well as the Government, are involved in money market operations.
Money markets are markets for:
Trading short-term financial instruments
Short-term lending and borrowing
Type of money markets
Inter-bank market LIBOR - London Inter-bank Offered Rate
Banks lend short-term funds to each other
Eurocurrency market (與Eurobond market區(qū)別)
Banks lend and borrow in foreign currencies.
Eurocurrency is currency which is held by individuals and institutions outside the country of issue of that currency.
For example, if a UK company borrows US$50,000 from its bank, the loan will be a ‘Eurodollar' loan.
Certificate of deposit (CD) market
Market for trading in Certificates of Deposit
(Negotiable instruments acknowledging deposits)
Local authority market
Local authorities borrow short-term funds by issuing and selling short-term debt instruments
Finance house market
Dealing in short-term loans raised from money markets by finance houses
Inter-company market
Direct short-term lending between treasury departments of large companies
凡事預(yù)則立不預(yù)則廢,,ACCA考試時(shí)間越來越近,趕快抓緊時(shí)間備考吧,。最后,,預(yù)祝到家順利通過ACCA考試。
注:以上內(nèi)容來自Echo老師基礎(chǔ)班第5講
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