Part 1 INTRODUCTION AND OVERVIEW OF FINANCIAL MARKETS 1. Introduction 2. Determinants of Interest Rates 3. Interest Rates and Security Valuation 4. The Federal Reserve System, Monetary Policy, and Interest Rates Part 2 SECURITIES MARKETS 5. Money Markets 6. Bond Markets 7. Mortgage Markets 8.

Stock Markets 9. Foreign Exchange Markets 10. Derivative Securities Markets Part 3 COMMERCIAL BANKS 11. Commercial Banks: Industry Overview 12. Commercial Banks' Financial Statements and Analysis 13. Regulation of Commercial Banks Part 4 OTHER FINANCIAL INSTITUTIONS 14. Other Lending Institutions: Savings Institutions, Credit Unions, and Finance Companies 15. Insurance Companies 16.

Securities Firms and Investment Banks 17. Investment Companies 18. Pension Funds Part 5 RISK MANAGEMENT IN FINANCIAL INSTITUTIONS 19. Types of Risks Incurred by Financial Institutions 20. Managing Credit Risk on the Balance Sheet 21. Managing Liquidity Risk on the Balance Sheet 22. Managing Interest Rate Risk and Insolvency Risk on the Balance Sheet 23. Managing Risk off the Balance Sheet with Derivative Securities 24.

Managing Risk off the Balance Sheet with Loan Sales and Securitization.