o Repurchase agreements market is closely related to the market for borrow ing and lending reverses owned by banks, cal led the federal funds market dern(银行间的日拆贷款): An unsecured loan between banks where the funds that are lent are transferred the same day the loan is made
vRepurchase agreements market is closely related to the market for borrowing and lending reverses owned by banks ,called the federal funds market. vfederal funds (银行间的日拆贷款):An unsecured loan between banks where the funds that are lent are transferred the same day the loan is made
5.2 Bank-related Securities 5.2.1CDs >Banks can raise funds by issuing certificates of deposit, which are called CDs >Large-sized CDS, which can be traded, transferred are negotiable certificates of deposit The differences between negotiable certificates of deposit and common time certificates deposit
5.2 Bank-related Securities: 5.2.1 CDs ØBanks can raise funds by issuing certificates of deposit, which are called CDs. ØLarge-sized CDS ,which can be traded, transferred, are negotiable certificates of deposit. ØThe differences between negotiable certificates of deposit and common time certificates deposit
522 EURODOLLARS(欧洲美元) Eurodo //ars are do/lars-denominated time deposits held abroad in foreign bank or in foreign branches of Us banks
5.2.2 EURODOLLARS(欧洲美元) Eurodollars are dollars-denominated time deposits held abroad in foreign bank or in foreign foreign branche branches of US banks