Foundations of Financial Markets and Institutions

Third Edition

by

Frank J. Fabozzi
Yale University

Franco Modigliani
Alfred P. Sloan School of Management

Frank J. Jones
Chief Investment Officer of the Guardian Life Insurance Company

Michael G. Ferri
George Mason University

Select a chapter: 1: Introduction 2: Financial Intermediaries and Financial Innovation 3: The Role of the Government in Financial Markets 4: Depository Institutions: Activities and Characteristics 5: Central Banks and the Creation of Money 6: Monetary Policy 7: Insurance Companies 8: Investment Companies and Exchange-Traded Funds 9: Pension Funds 10: Properties and Pricing of Financial Assets 11: The Level and Structure of Interest Rates 12: The Term Structure of Interest Rates 13: Risk/Return and Asset Pricing Models 14: Primary Markets and the Underwriting of Securities 15: Secondary Markets 16: Treasury and Agency Securities Markets 17: Municipal Securities Markets 18: Common Stock Markets in the United States 19: International Stock Markets 20: Markets for Corporate Senior Instruments: I 21: Corporate Senior Instruments: II 22: The Markets for Bank Obligations 23: The Mortgage Market 24: Mortgage-Backed Securities Markets 25: Asset-Backed Securities Markets 26: Financial Futures Markets 27: Options Markets 28: Pricing of Futures and Options Contracts 29: The Applications of Futures and Options Contracts 30: Other Derivative Markets: Swaps, Caps, Floor, and Credit Derivatives 31: The Market for Foreign Exchange Rate Risk Control Instruments