This document discusses domestic and international money markets, including domestic public issues of T-bills through auction or direct placement in tranches, as well as commercial paper and interbank markets. It also mentions acceptances, repurchases, and CDs. Internationally, it covers Eurodollars, the Euromarket for bonds, Macauley durations, and yield curves. The document recommends further reading on these topics.

1. Lecture 13
Domestic &
International Money
Markets

3. Domestic

4. Public Issue
Tender Issue
T-Bills Auction Issue
Direct Placement
+ Tranches

5. Commercial Paper
Interbanks
Also: Acceptances, Repurchases
CDs

6. Cool Reading:
Carpenter and
Demiralp, 2006

7. International

8. Eurodollars/Euromarket

10. Bonds

11. Macauley Durations/
Yield Curves

13. Next Time
Options
Read Pilbeam, Cht 14, Liebowitz, (2005), in
coursepack.