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--- diary:2024-08:2024-08-01 [2024/08/01 18:14] – created raju
+++ diary:2024-08:2024-08-01 [2024/08/01 18:26] (current) – raju
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 Notes from http://benjaminkeen.oucreate.com/MB%20Lect02.pdf
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 :?: What is the difference between money market and capital market?\\
 :!: Money market is a financial market in which short-term debt is traded. Capital market is a financial market in which equities and longer-term debt are traded.
+:?: What is "Commercial paper"?\\
+:!: It is short-term debt issued by large banks and well-known companies.
+:?: What are "repurchase agreements"?\\
+:!: They are short-term loans (less than 2 weeks) where T-bills serve as collateral.
+:?: What are negotiable CDs?\\
+:!: They are CDs in excess of $100,000 that are usually sold to institutional investors.
+:?: What are "Federal funds"?\\
+:!: They are typically overnight loans between banks with deposits at the Federal Reserve.
+:?: What is the "federal funds rate"?\\
+:!: It is the interest rate that banks charge each other for loans in the federal funds market.
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+  - ''Foreign bonds'' are sold in a foreign country and denominated in that country’s currency.
+  - ''Eurobond'' is a bond denominated in a currency other than that of the country in which it is sold.
+  - ''Eurodollars'' are deposits of U.S. dollars in banks outside the U.S.
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