Kurum-İçi Eğitim Programları
G08. Money Markets /Project Finance Modeling
OverviewMoney Markets
The themes of this product are:
Theory related with coupon bearing and discount instruments
Mechanics and arithmetic involved in both instruments
Course Level & Number of Courses
Basic Level
Library of 9 Courses
Instructional Method
Dynamic, Interactive e-learning
Recommended Background
Familiarity with basic financial concepts
The money markets are wholesale financial markets in which sovereign states, banks and major
corporations raise funds through certain types of loans, or by issuing debt securities. This product is
designed to train learners on some of the most common money market instruments in-use at
financial centers world-over. The courses are structured to give the user a complete perspective
on the instruments- from theory to application. The first three courses lay down the foundation for the remaining courses. The other six courses deal with instrument specific minutiae.
Money Markets
Library of 9 Courses
Time taken to complete each Course: Two - Three hours
1. Overview to Money Markets
Objectives
Introduction to Money Markets
Components of Money Markets
Interest rates in the Money Markets
Who uses the markets?
Risks involved
2. Instruments used in Money Markets
Objectives
Introduction
Coupon bearing instruments
Discount instruments
3. Arithmetic for Money Markets
Objectives
Day Count calculations
Other Money Market calculations
4. Money Market Deposits
Objectives
Introduction to deposits
Terminology of deposits
Mechanics of deposits
Clearing and Settlement systems
Money Markets
Library of 9 Courses
5. Certificates of Deposit
Objectives
Introduction to CDs
The markets in CDs
Market Pricing
6. Repurchase Agreements (Repos)
Objectives
Introduction to Repurchase Agreements (Repos)
Types of Repos
Different Structures
Users & Applications
7. Treasury Bills
Objectives
Introduction
Arithmetic
Issuance
8. Bills of Exchange
Objectives
Introduction
Features, types and uses of bills of exchange
The mechanics of bills of exchange
Secondary market in bills of exchange
Risks involved in bills of exchange
Other matters of interest
Money Markets
Library of 9 Courses
9. Commercial Paper
Objectives
Introduction
Arithmetic
Issuance
JOB AIDS
Measurement Tools
Disclosures
Mutual Fund Prospectus
Types of Commercial paper
Risk Mitigation
Calculators in Money Markets
1. Accrued Interest
2. Day Count Conversions
3. Day Count
4. 30/360 Basis
5. Discount and Price
6. Effective Rates
7. Equivalent
8. Fair Value in Secondary market
9. Forward-Forward Rate
10. Holding Yield Period
11. Maturity Proceeds and Price of a Coupon Bearing Instrument
12. Price of a Discount Instrument
13. Price of a Commercial Paper
14. Money Market Yield of Commercial Paper
15. Calculating the Money Market yield / Cash Price of CD
16. Present Value / Future Value Calculations in the Money Market
17. Time value of Money
18. Yield - Bill of Exchange
