Also refer to the MCom + MIB Student Guide

Description

This unit provides an overview of the operation of the capital markets in Australia. The financial institutions are described and the securities offered by these institutions are reviewed. Emphasis is placed on the financial instruments available to companies and investors from the equity, debt and derivative markets.

Topics

• The financial system and banking sector
• Non-bank financial institutions
• Companies and the sharemarket
• Companies raising funds
• Investors and the sharemarket
• The debt markets; short term debt
• Medium and longer term debt
• Government borrowing requirements and debt instruments
• Debt markets and monetary policy
• Interest rates
• Futures contracts
• Options markets