pays the market price plus accrued interest. Active Market: A securities market in which a high volume of trading activity takes place. Advance Refunding: A treasury operation that offers owners of outstanding federal obligations the opportunity to exchange securities for longer-term issues that may bear a higher yield to maturity. Advance refunding on a municipal bond refers to the sale of a refunding issue several years prior to the issue's first call date, with the proceeds being held in trust. Also
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economic growth in general. The government and the Securities and Exchange Commission (SEC) have undertaken a good number of initiatives to meet Bangladesh's development financing requirements with a particular focus on developing long term infrastructure financing and strengthening financial stability through promotion of capital market. In this regard formulation of a Master Plan is of crucial importance. Stock markets or Stock exchanges play an important role in the modern capitalized economy by providing
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carries its weight. After World War II, the Bretton Woods agreement controlled the European and American economy, with the intentions of repairing damage after the war. Eventually, the strategy failed and thus gave way for the start of the foreign exchange market and the free-floating system. The gold standard began in the early 1800’s and was used as a measurement of the worth of currency. The idea was that as gold held a certain value according to the demand and supply of itself, the currency
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will Increase(c)Price will Unchanged(d)Price Increase or Decrease | | 2 | The purpose of stock exchange Index are those, EXCEPT(a)Judge the prices they may be able to buy or sell(b)Evaluating Performance about price day by day(c)Monitoring Primary activities of business(d)Get clear idea about price changes in Stock Exchange | | 3 | An increase in the index denotes a) Number of shares traded have increased b) Increase in the number of the companies listed c) Rise in the prices of shares
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Investors can also look at NCDs of companies already listed on the exchanges that offer higher safety in terms of credit rating and similar or slightly lower interest rates. A table of such NCDs is pasted below in this note. Objects of the Issue: The funds raised through this Issue, after meeting Issue expenses, will amongst others, be used for Shriram City's various financing activities including lending and investments. The funds would also
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Financial Markets Paper In the contemporary business environment, there is cut-throat competition between companies for achieving excellence and long-term profitability. Most of these companies are dependent on various financial institutions for fund management. The given paper is a descriptive analysis of the role of financial institutions in financial markets. In addition to this, the paper also talks about how these institutions interact with each other. Financial market is a system that provides
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Initial Public Offerings In order to gain funds for their organization, companies use initial public offerings (IPOs) to introduce their first sale of stock to the market, which is available to investors. An IPO allows a company to tap a wide pool of investors to provide itself with capital for future growth, repayment of debt or working capital (Wikipedia.com). Avaya, a global leader in business communications and phone systems, is considering an IPO in the near future but is uncertain of which
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and the New York Stock Exchange is all too familiar with, and with the upheaval of many big companies such as Enron, Tyco, Worldcom, Xerox, and Sunbeam, the country’s economic stability took a turn for the worst. However, the year of 2002 brought about many changes for the economic world, most notably to publicly traded companies. The Sarbanes-Oxley Act of 2002 was the beginning of a new, transparent view of the stock exchange and of corporations that publicly sold and traded stock. While we are not
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foundation as a colony. What has changed is the size, direction and influence of these transfers, especially since 1980. There are a number of factors that have aided this transformation. They include: • The expansion of new markets – foreign exchange and capital markets are linked globally. They operate 24 hours a day with dealings any where in the world possible in real time. Financial deregulation and the floating of the Australian dollar since 1983 intensified the impact of globalisation on
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Market and Institution in the Economic Development of Bangladesh Financial market Financial market is created to satisfy particular preferences of market participants.Financial markets transfer funds from those who have excess funs to those who needfunds. That is they facilitate the transfer of funds from surplus unit to deficit unit .Because funding needs vary among deficit units, various financial markets have beenestablished. The primary market allows for the issuance of new securities,
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