ERIC Number: ED171629
Record Type: RIE
Publication Date: 1977
Reference Count: 0
Instruments of the Money Market. Fourth Edition.
Cook, Timothy Q., Ed.
This booklet is a compilation of articles on money market instruments which were published in the "Monthly Review" of the Federal Reserve Bank of Richmond from 1964-1967. They have been revised to include recent changes in the various markets, as well as to reflect currently applicable laws and regulations. The articles are titled: The Money Market, Treasury Bills, Tax Anticipation Bills, The Discount Window, Federal Funds, Dealer Loan and Repurchase Agreements, Negotiable Certificates of Deposit, Commercial Paper, Bankers' Acceptances, Federal Agency Securities, and the Euro-Dollar Market. The first article defines the term money market, describes the participants, the interrelation and size of the various market sectors, the market's significance economically, and its relationship with Federal Reserve. The remaining articles treat each of the sections of the market, defining each term, summarizing its history, explaining investment characteristics, administration and mechanics, its advantages, and use. (Author/CK)
Publication Type: Guides - Non-Classroom; Guides - Classroom - Learner
Education Level: N/A
Authoring Institution: Federal Reserve Bank of Richmond, VA.
Note: Several charts may not reproduce clearly in hard copy due to small print type and colored paper