Purpose of Call Money Market Characteristics • Maturity: The maturity of the call money market instruments are varying between a day to a fortnight. As it consists with the day-to-day surplus funds, so its payable on demand at the option of either the lender or the borrower. • Liquidity Nature: All the instruments of this market are highly liquid and their liquidity being exceeded only by cash. • Yield: It includes the rate of interest paid on call loans and its
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MP A R Munich Personal RePEc Archive The Islamic Inter bank Money Market and a Dual Banking System : The Malaysian Experience Bacha, Obiyathulla I. INCEIF the Global University in Islamic Finance 2008 Online at http://mpra.ub.uni-muenchen.de/12699/ MPRA Paper No. 12699, posted 13. January 2009 / 09:41 The Islamic Inter bank Money Market and a Dual Banking System: The Malaysian Experience. (1st Draft : June 2007) (1st Revision : September,2007) (This revision: March, 2008) Obiyathulla
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Introduction Money market is a set of institutions, conventions and practices. It is aim of which is to facilitate the lending and borrowing of money on a short-term basis (Robert Vincent Roosa, 1-20-2015). Money market is a short term loans and its maturity is one year or less than one year. Example of money market is Treasury bills, certificates of deposit (CDs), bankers’ acceptances, commercial paper, federal funds and Eurocurrencies. Literature review The key issue from the source that had
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Money Market Instruments The money market is the arena in which financial institutions make available to a broad range of borrowers and investors the opportunity to buy and sell various forms of short-term securities. There is no physical "money market." Instead it is an informal network of banks and traders linked by telephones, fax machines, and computers. Money markets exist both in the United States and abroad. The short-term debts and securities sold on the money markets—which are known
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development of Islamic money market instruments. Islamic banking and financing is gaining momentum world-wide. Many of the international RIBA banks are now focusing on LARIBA banking and financing to gain a significant market share of the funds and the deals which insist on LARIBA dealings. Many estimate the LARIBA funds looking for halal investing and banking to be from $ 50 billion to $80 billion. Most of these funds are now handled in Europe; mainly in the London financial markets. In 1996, Citibank
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independent dealers, to a large and varied pool of institutional buyers. Investors in commercial paper earn competitive, market-determined yields in notes whose maturity and amounts can be tailored to their specific needs. Because of the advantages of commercial paper for both investors and issuers, commercial paper has become one of America’s most important debt markets. Commercial paper outstanding grew at an annual rate of 14 percent from 1970 to 1991. Figure 1 shows commercial paper outstanding
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Whether Major Financial Institutions Have Been Manipulating The LIBOR, A Key Interest Rate Banks Use To Borrow Money From Each Other That Is ”Used As A Benchmark To Set Payments On About $800 Trillion Worth Of Financial Instruments.” MIT Professor Of Finance Andrew Lo Told CNN Money That The LIBOR-Manipulation Story “Dwarfs By Orders Of Magnitude Any Financial Scams In The History Of Markets” Anthony Bruno 7/21/2012 Abstract Following investigations into Barclays' manipulation of
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trading activities between the banks, hence the BBA formed a rate to create uniformity to create more business and greater depth to the London Interbank market. The official definition is “The rate at which an individual Contributor Panel bank could borrow funds, were it to do so by asking for and then accepting inter-bank offers in reasonable market size, just prior to 11:00 London time.” What problems with LIBOR have been identified? The major banks submitted the interest rates from major banks
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popularity By Eric Uhlfelder / Published: April 30 2007 Financial Times Before 9/11, in the year 2000, sukuk bonds were about as obscure as a debt-equivalent instrument could be. Complying with the tenets of shariah law, only three issues came to market, raising just $340m (€250m, £170m). Last year, a variety of banks – including ABN Amro, Barclays, Société Générale, Deutsche Bank and UBS – underwrote nearly 190 issues, raising more than $27bn. And Arul Kandasamy, head of Islamic Finance at Barclays
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After careful cash flow analysis and a discount rate (WACC) of 9%, commissioning a capsize carrier for 25 years is the only appropriate option for our firm. However, if the discount were instead 10%, both options would fail the NPV test by yielding negative results. I make this recommendation after thorough analysis of estimated cash flow and with the desire that our required 15-year life span will be amended. With the expected 9% discount rate, commissioning a capsize carrier for 15 years and
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