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Stigum's Money Market, 4E

ISBN: 9780071448451 | 0071448454
Edition: 4th
Format: Nonspecific Binding
Publisher: MCGRAW-HILL
Pub. Date: 12/1/2006

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SummaryTable of ContentsAuthor Biography
The Most Widely Read Work on the Subject _ Completely Updated to Cover the Latest Developments and Advances In Today's Money Market!First published in 1978, Stigum's Money Market was hailed as a landmark work by leaders of the financial, business, and investment communities. This classic reference has now been revised, updated, and expanded to help a new generation of Wall Street money managers and institutional investors.The Fourth Edition of Stigum's Money Market delivers an all-encompassing, cohesive view of the vast and complex money market... MORE
... MORE
Introductionp. 1
Funds flows, banks, and money creationp. 9
The instruments in briefp. 37
Bond valuationp. 71
Duration and convexityp. 85
The banks : domestic operationsp. 111
The banks : Eurodollar operationsp. 209
The treasury and the federal agenciesp. 301
Don't fight the fed! : the powerful role of the federal reservep. 343
The market makers : dealers and othersp. 411
The investors : running a short-term portfoliop. 455
The federal funds marketp. 491
The repo and reverse marketsp. 531
Treasury and federal agency securitiesp. 581
Financial futures : bills, eurodollars, and fed fundsp. 693
Treasury futuresp. 745
Financial optionsp. 793
Eurodollars : cash time deposits and FRAsp. 823
Interest-rate swapsp. 869
Certificates of depositp. 923
Bankers' acceptancesp. 943
The commercial paper marketp. 967
Bank sales of loan participationsp. 1017
Medium-term notesp. 1043
Municipal notesp. 1065
Money market fundsp. 1099
Table of Contents provided by Blackwell. All Rights Reserved.

Anthony Crescenzi is chief bond market strategist at Miller Tabak & Co. and an adjunct professor in Baruch College's Executive MBA program. His work on the economy and markets is widely followed on Wall Street and has reached as far as the White House. Mr. Crescenzi makes regular appearances on financial television stations such as CNBC and Bloomberg, and is frequently quoted across the news media. Mr. Crescenzi's first book, The Strategic Bond Investor, was published in 2002.

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