Money markets are the subject of this seminar. These markets are of vital importance to the risk manager as the closest thing to a ‘risk-free’ asset is found here. This seminar covers all short-term debt securities, whether issued by governments or corporations. It also explains the repo markets – markets for borrowing/ lending on a secured basis.

 

At the end of Intrinsic Value's training seminar in the money markets the participant should be able to:

􀂅  Describe the characteristics of fixed income instruments.

􀂅  Define term, principal, interest rate and secured vs. unsecured.

􀂅  Describe the types of deposits (demand, notice and fixed-term).

􀂅  Define a reference raten Describe a credit facility.

􀂅  Discuss syndication.

􀂅  Calculate the interest payment on a term repo.

􀂅  Describe the Eurocurrency market, particularly the Eurodollar market.

􀂅  Define “add-on” interestn Define LIBOR.

􀂅  Describe different types of money market securities.

􀂅  Calculate the bond-equivalent yield of a T-bill.

􀂅  Define a commercial paper and a promissory note.

􀂅  Define banker’s acceptance and certificate of deposit.

􀂅  Define basis point.

􀂅  Define a stamping fee.