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EC4024 2008 Lecture 13

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Stephen Kinsella
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Lecture 13 Domestic & International Money Markets
Domestic
Public Issue Tender Issue T-Bills Auction Issue Direct Placement + Tranches
Commercial Paper Interbanks Also: Acceptances, Repurchases CDs
Cool Reading: Carpenter and Demiralp, 2006
International
Eurodollars/Euromarket
Bonds
Macauley Durations/ Yield Curves
Next Time Options Read Pilbeam, Cht 14, Liebowitz, (2005), in coursepack.

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EC4024 2008 Lecture 13