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Foundations of Financial Markets and Institutions By: Frank J. Fabozzi, Franco Modigliani, Frank Jones Normal price: 80.9 Our price: 68.77 + postage Bargain: save £12.13 ! Product code: 14469 ISBN: 0130180793 650 pages Format: Hb Published by: Prentice Hall, 2001, 3rd edition There are no reviews available for this book Description of Foundations of Financial Markets and Institutions A core text for one-semester courses in Financial Institutions and Markets, and a supplement for courses in Derivative Securities and Investments. This text offers a comprehensive exploration of the revolutionary developments occurring in the worlds financial markets and institutions - i.e., innovation, globalization, and deregulation - with a focus on the actual practices of financial institutions, investors, and financial instruments. Features and Benefits Lengthy coverage of the mortgage market and the securitization of assets. Represents a departure from traditional systems of financing. An extensive and integrated coverage of international and global aspects of contemporary finance. Provides students with in-depth discussion of how the worlds major financial markets and institutions interact with one another. Extensive coverage of the markets for derivative securities. Equips students with fundamental information about the structure of these derivatives, the markets where they are traded, the principles for pricing them, and the applications to which financial practitioners can put them. The wide array of financial instruments available in todays markets is described. Shows students how the instruments for investing, financing operations, and controlling the various kinds of financial risk are responses to the needs of borrowers, lenders, and investors. Worlds key financial institutions - examined in-depth. Provides students with a unique perspective on how these institutions manage their assets and liabilities in a complicated environment. Foundations of Financial Markets and Institutions - Chapter headings I. INTRODUCTION 1. Introduction 2. Financial Intermediaries and Financial Innovation 3. The Role of the Government in Financial Markets II. DEPOSITORY INSTITUTIONS 4. Depository Institutions- Activities and Characteristics 5. Central Banks and the Creation of Money 6. Monetary Policy III. NON-DEPOSITORY FINANCIAL INTERMEDIARIES 7. Insurance Companies 8. Investment Companies 9. Pension Funds IV. DETERMINANTS OF ASSET PRICES AND INTEREST RATES 10. Properties and Pricing of Financial Assets 11. The Level and Structure of Interest Rates 12. The Term Structure of Interest Rates 13. Risk/Return and Asset Pricing Models V. ORGANIZATION AND STRUCTURE OF MARKETS 14. Primary Markets and the Underwriting of Securities 15. Secondary Markets VI. MARKETS FOR GOVERNMENT DEBT 16. Treasury and Agency Securities Markets 17. Municipal Securities Markets VII. MARKETS FOR CORPORATE SECURITIES 18. Common Stock Markets in the United States 19. Stock Markets around the World 20. Markets for Corporate Senior Instruments- I 21. Corporate Senior Instruments- II 22. The Markets for Bank Obligations VIII. MORTGAGE AND SECURITIZED ASSET MARKETS 23. The Mortgage Market 24. Mortgage-Backed Securities Market 25. Asset-Backed Securities Market IX. MARKETS FOR DERIVATIVE SECURITIES 26. Financial Futures Markets 27. Options Markets 28. Pricing of Futures and Options Contracts 29. The Applications of Futures and Options Contracts 30. Interest Rate Swap and Interest Rate Agreement Market 31. The Market for Foreign Exchange Rate Risk Control Instruments Index