Management of Money and Debt Markets

Paper Code: 
MFR 421
Credits: 
04
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

To provide an in-depth knowledge on operations of financial markets in India

12.00
Unit I: 

Money Market Introduction, Basic Characteristics of Money Market Securities Treasury Bills, Types of T- Bills, Commercial papers, Commercial Bills, Certificates of Deposits, Call / Notice Money Market, Money Market Intermediaries Link between money market and monetary policy in India

10.00
Unit II: 

Debt Market Introduction, Basic characteristics of Debt Securities, Classification Private corporate Debt Market, Public sector undertaking bonds market, Government securities market

10.00
Unit III: 

Derivatives Market Introduction, Derivative market in India, Products, Participants, and Functions of Forward and Futures and Options .

14.00
Unit IV: 

Credit Rating Introduction, growth and Future of Credit rating in India, Credit rating agencies in India – CRISIL and IICRA

14.00
Unit V: 

Financial Regulation Securities and Exchange Board of India –Objectives, Functions and Powers, Guidelines and recent reforms.

References: 

• Williams, Michacls, Fundamentals of Option Markets, Mc Graw Hill, New Delhi
• Hull, John, Introduction to Futures, Option market, Prentice Hall of India, New Delhi
• Redhead, Keith, Financial Derivatives- An Introduction to futures, forwards,option and swaps, Prentice Hall of India, New Delhi
• Bhole L.M., Financial Institutions and Markets, Tata Mc Graw Hill, New Delhi
• Pathak, Bharati V., Indian Financial System, Pearson Education, New Delhi.

Academic Year: 
2018-2019
  • Printer-friendly version
  • PDF version