An Introduction to International Capital Markets: Products, Strategies, Participants, Second Edition

Table of Contents

 

Title Page

Copyright Page

Dedication

Praise

Acknowledgements

 

Chapter 1 - Introduction: The Market Context

 

1.1 CAPITAL AND THE CAPITAL MARKETS

1.2 THE EUROMARKETS (INTERNATIONAL CAPITAL MARKETS)

1.3 MODERN INVESTMENT BANKING

1.4 THE CLIENTS OF INVESTMENT BANKS

1.5 ABOUT THIS BOOK

 

Chapter 2 - The Money Markets

 

2.1 CHAPTER OVERVIEW

2.2 DOMESTIC MONEY MARKETS

2.3 US DOMESTIC MARKETS

2.4 THE EUROPEAN CENTRAL BANK (ECB)

2.5 STERLING MONEY MARKETS

2.6 THE BANK OF JAPAN

2.7 SYSTEMIC RISKS AND MORAL HAZARDS

2.8 TREASURY BILLS

2.9 DISCOUNTING TREASURY BILLS

2.10 US COMMERCIAL PAPER

2.11 CREDIT RISK ON USCP

2.12 BANKERS’ ACCEPTANCES

2.13 THE EUROCURRENCY MARKETS

2.14 EUROCURRENCY LOANS AND DEPOSITS

2.15 EUROCURRENCY INTEREST AND DAY-COUNT

2.16 EUROCURRENCY CERTIFICATES OF DEPOSIT

2.17 CD YIELD-TO-MATURITY

2.18 EURO-COMMERCIAL PAPER

2.19 REPOS AND REVERSES

2.20 REPO: CASE STUDY

2.21 OTHER FEATURES OF REPOS

2.22 CHAPTER SUMMARY

 

Chapter 3 - The Foreign Exchange Market

 

3.1 CHAPTER OVERVIEW

3.2 MARKET STRUCTURE

3.3 FX DEALERS AND BROKERS

3.4 SPOT FOREIGN EXCHANGE DEALS

3.5 STERLING AND EURO QUOTATIONS

3.6 FACTORS AFFECTING SPOT FX RATES

3.7 SPOT FX TRADING

3.8 SPOT POSITION KEEPING

3.9 FX RISK CONTROL

3.10 CROSS-CURRENCY RATES

3.11 OUTRIGHT FORWARD FX RATES

3.12 OUTRIGHT FORWARD FX HEDGE: CASE STUDY

3.13 FORWARD FX FORMULA

3.14 FX OR FORWARD SWAPS

3.15 FX SWAP TWO-WAY QUOTATIONS

3.16 CHAPTER SUMMARY

 

Chapter 4 - Major Government Bond Markets

 

4.1 CHAPTER OVERVIEW ...