Description
Reviews background information essential to understanding the U.S. money market, defining crucial points in simple terms and detailing the operations of banks, dealers, and brokers
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The first edition (1978) is cited in BCL3 (the 1983 edition was not noticed by the editors?). This is the standard reference on the subject, updated to cover developments since 1983. New or substantially revised chapters cover interest-rate swaps, medium-term notes (including bank deposit notes) futures (Treasury and Euro), options, loan-participation sales, banking (domestic and Euro), and the commercial paper market. Annotation copyright Book News, Inc. Portland, Or.
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