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Lecture Financial markets and institutions: Chapter 2 - Anthony Saunders, Marcia Millon Cornett

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Chapter 2 - Determination of interest rates. This chapter reviewed the determinants of nominal interest rates and their effects on security prices and values in domestic and foreign financial markets. It described the way funds flow through the financial system from lenders to borrowers and how the level of interest rates and its movements over time are determined. The chapter also introduced theories regarding the determination of the shape of the term structure of interest rates.
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Lecture Financial markets and institutions: Chapter 2 - Anthony Saunders, Marcia Millon Cornett

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