Capital Markets - Research Article from Encyclopedia of Business and Finance

This encyclopedia article consists of approximately 9 pages of information about Capital Markets.

Capital Markets - Research Article from Encyclopedia of Business and Finance

This encyclopedia article consists of approximately 9 pages of information about Capital Markets.
This section contains 2,619 words
(approx. 9 pages at 300 words per page)
Buy the Capital Markets Encyclopedia Article

Role of Capital Markets

The capital market provides financing to meet the denomination, liquidity, maturity, risk (with respect to credit, interest rate, and market), and other characteristics desired by those who have a surplus of funds and those who have a deficit of funds. The capital market as a whole consists of overnight to long-term funding. The short to medium end of the maturity spectrum is called the money market proper, and the long end is identified as the capital market. The financial instruments range from money market instruments to thirty-year or longer bonds in credit markets, equity instruments, insurance instruments, foreign-exchange instruments, hybrid instruments, and derivative instruments. There has been an explosion of innovation in the creation and development of instruments in the money and capital markets since about 1960 in both debt and equity instruments.

Some of the important (by volume) money market instruments are...

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This section contains 2,619 words
(approx. 9 pages at 300 words per page)
Buy the Capital Markets Encyclopedia Article
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Macmillan
Capital Markets from Macmillan. Copyright © 2001-2006 by Macmillan Reference USA, an imprint of the Gale Group. All rights reserved.