| Overview |
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'offers careful analyses of the growth and changes the market has undergone in recent years'and presents detailed answers to the full range of money market questions. Stigum's Money Market equips readers with: This updated classic also includes hundreds of helpful new illustrations and calculations, together with an improved format that gives readers quick access to every major topic relating to the fixed-income market. |
| About the authors |
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. |
| Table of contents |
Part I: some Fundamentals 1: Introduction 2: Funds Flows, Banks and Money Creation 3: The Instruments in Brief 4: Discount and Interest-Bearing Securities 5: Duration and Convexity Part II: The Major Players 6: The Banks: Domestic Operations 7: The Banks: European Operations 8: The Treasury and the Federal Agencies 9: The Most Watched Player: The Fed 10: The Market Makers: Dealers and Others 11: The Investors: Running a Short Term Portfolio Part III: The Markets 12: The Federal Funds Market 13: The Repo and Reverse Markets 14: Government and Federal Agency Securities 15: Financial Futures: Bills and Euros 16: Treasury Bond and Note Futures 17: Options: In the Fixed- Income World 18: Euros: Cash Time Deposits and FRAs 19: Interest Rate Swaps 20: Certificates of Deposit: Domestic, Euro and Yankee 21: Bankers' Acceptance 22: Comercial Paper: DomestiCommercialo 23: Bank Sales of Loan Participations 24: Medium-Term Notes 25: Municipal Notes |


