Money Markets - Part 2 (2019)

概要


This eCourse consists of two modules. Module 1 introduces official interest rates and their influence on financial markets and the economy as a whole. It outlines the use of simple, zero-coupon, interest rates and their application to accrual products in the money markets. It also examines market rates and the currency day count conventions used in money market calculations. Finally, this module shows how reference rates such as LIBOR and Euribor are calculated in today’s money markets, and how overnight indices have developed as a benchmark replacement for LIBOR and Euribor.

Module 2 provides a high-level overview of Australian interest rate benchmarks, with a focus on the bank bill swap rate (BBSW) and the cash rate.

宗旨


On completion of this course, you will be able to:
- Recognize the influence of official central bank rates on money market rates of various maturities
- Calculate interest on various money market products
- Identify market benchmark rates such as LIBOR and Euribor, and the growing significance of overnight indices as market benchmarks
- Define the bank bill swap rate (BBSW) and how it is calculated
- Describe the history of the BBSW and how it has evolved
- Define the cash rate and how it is calculated
- List the uses of the BBSW and the cash rate in Australian financial markets
- Identify other important Australian interest rate benchmarks

內容

Module 1: Interest Rates & Benchmarks
Topic 1: Market Rates & Maturities
Topic 2: Interest Rate Calculations
Topic 3: Reference Rates & Indices
Topic 4: Convexity

Module 2: BBSW & Other Australian Benchmarks
Topic 1: Australian Interest Rate Benchmarks – Overview
Topic 2: BBSW
Topic 3: Other Interest Rate Indicators

詳情

活動編號
TEPFD19004101
地點
網上平台
語言
英文
課程時數
SFC:2.00, PWMA:2.00
費用
所有會員: HKD580
非會員: HKD820
機構會員員工: HKD580