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Unformatted text preview: (a) Negotiable Certificates of Deposit (b) Municipal Bonds (c) Repurchase Agreements (d) Commercial Paper (e) Residential Mortgages (f) Federal Funds (g) Corporate Bonds Type of Claim Maturity Risk Liquidity Borrower Lender Negotiable Certificate of Deposit Municipal Bonds Repurchase Agreement Commercial Paper Residential Mortgages Federal Funds Corporate Bonds II. Using your own words, describe each of the following financial institutions: What sorts of assets does it hold? What sort of liabilities does it issue? What functions does it serve in the financial system? You will need to use chapter 2 and 13. (a) Savings and Loans (b) Commercial Banks (c) Money Market Mutual Funds (d) Property and Casualty Insurance Companies (e) Pension Funds...
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- Fall '08
- Money market, Municipal Bonds Repurchase