《management企业管理类英文版PPT课件39.pptVIP

Table 2 Principal Capital Market Instruments Maturity 1 year Evaluation only. Created with Aspose.Slides for .NET 3.5 Client Profile 5.2.0.0. Copyright 2004-2011 Aspose Pty Ltd. Table 2 Principal Capital Market Instruments: Instruments - Maturity 1 year Evaluation only. Created with Aspose.Slides for .NET 3.5 Client Profile 5.2.0.0. Copyright 2004-2011 Aspose Pty Ltd. Primary Markets Primary markets offer new issues. When a corporation decides to issue new bonds or shares of stock, the company engages an investment bank, an institution that specializes in providing information and counsel to companies on financial analysis and issues. Evaluation only. Created with Aspose.Slides for .NET 3.5 Client Profile 5.2.0.0. Copyright 2004-2011 Aspose Pty Ltd. Secondary Markets Secondary markets trade previously issued securities. The New York Stock Exchange The U.S. government securities market Over-the -counter (OTC) market Benefits of secondary markets – they provide: primary markets with liquidity a continuing flow of information about company conditions (through stock prices) and bond yields. Evaluation only. Created with Aspose.Slides for .NET 3.5 Client Profile 5.2.0.0. Copyright 2004-2011 Aspose Pty Ltd. Markets - Exchanges and Over-the-Counter (OTC) Exchanges Trades conducted in central locations (e.g., New York Stock Exchange) Standardized products Over-the-Counter Markets Dealers at different locations buy and sell (over-the-counter) Custom product Evaluation only. Created with Aspose.Slides for .NET 3.5 Client Profile 5.2.0.0. Copyright 2004-2011 Aspose Pty Ltd. Internationalization of Financial Markets (Glossary) Foreign Bonds: sold in a foreign country and denominated in that country’s currency Eurobond: bond denominated in a currency other than that of the country in which it is sold Eurocurrencies: foreign currencies deposited in banks outside the home country Eurodollars: U.S. dollars deposited in foreign banks outside the U.S. or in