Join Mailing List

For latest news and information about Treasury and Financial Markets, enter your details below:

elearning > Money markets

Print Preview Send to a Friend Share

Learn about the following:

Why managing liquidity is important. The products used. Loans and deposits. Libor and Euribor. Simple interest calculations. Certificates of deposit. Discounting. Commercial paper. Credit and interest rate risk.

Register for free or login to view the full publication

Course Summary

Money markets menuMoney market interestMoney market calculations

Money market LiborMoney market calculations 2Money market risk

  • 45 minutes
  • 6 question multiple choice test
  • Why managing liquidity is important
  • The products used
  • Loans & deposits
  • Libor & Euribor
  • Simple interest calculations
  • Certificates of deposit
  • Discounting
  • Commercial paper
  • Credit & interest rate risk

Money Markets - the details

1. Loans and deposits

  • The wholesale market
  • Libor, Euribor
  • Interest calculations, example
  • Actual 360 and 365
  • Bid and offer
  • How much dealers make

2. Certificates of deposit

  • How they work, advantage
  • Cash flows
  • Price, discounting, example

3. Commercial paper

  • Issuance
  • Spread to Libor
  • US commercial paper
  • Ratings
  • Discount rate, example
  • Cash flows
  • Price, discounting, example

4. Risks

  • Credit risk
  • Interest rate risk

5. Summary

6. Test

Related Documents

Free to ViewMoney Markets & Foreign Exchange 100% relevant


Free to ViewShort courses>Money markets 100% relevant


Free to ViewTraining Courses>Money markets liquidity & bonds 100% relevant


Registration RequiredMarket Guides > Wholesale loans & deposits 50% relevant

13th September 2009

If you borrow or save money at your local bank I expect the sums involved are normally small but when banks deal with each other the amounts are much larger. This market between banks for borrowing and lending cash is known as the interbank or money market. It allows banks with shortfalls to borrow and those with surpluses to lend. Imbalances like this occur everyday and every major currency has its own interbank market. It's at the core of the world's financial system and any disruption to it is potentially disastrous. Let's find out a little more.


Registration RequiredMoney Markets 50% relevant

31st March 2014

Money Markets • Pre and post 2007 • Maturity transformation • Regulatory response • Real money • Loans, deposits, CDs, CP, T-bills, reserve accounts • How markets changed


Registration RequiredMarket Guides > How dealers make money 25% relevant

15th October 2009

If you don't work as a dealer you probably see transactions or their results after they have been completed. Your role may be in operations, finance, risk, audit or compliance. You expect dealers to be profitable, after all isn't this what they are paid for? You definitely know that they can lose money too! So how do dealers make profits and what are the implications for the business? There are three ways a dealer can make money: