Here are some word-combinations from the text. Match and translate them into Ukrainian.
Date: 2015-10-07; view: 579.
Fill in the table with the appropriate descriptions of the activities undertaken by money market participants.
| Participant | Role | |
| 1. | U.S. Treasury Department | |
| 2. | Federal Reserve System | |
| 3. | Commercial banks | |
| 4. | Businesses | |
| 5. | Investment companies | |
| 6. | Finance companies | |
| 7. | Insurance companies | |
| 8. | Pension funds | |
| 9. | Individuals | |
| 10. | Money market mutual funds |
a) Buys and sells U.S. Treasury securities as its primary.
b) Maintain liquidity needed to meet unexpected (property and casualty demands insurance companies).
c) Buy and sell various short-term securities as a regular part of their cash management.
d) Sells U.S. Treasury securities to fund the national debt.
e) Lend funds to individuals (commercial leasing companies).
f) Allow small investors to participate in the money market by aggregating their funds to invest in large-denomination money market securities.
g) Buy U.S. Treasury securities; sell certificates of deposit and make short-term loans; offer individual investors accounts that invest in money market securities.
h) Maintain funds in money market instruments in readiness for investment in stocks and bonds.
i) Trade on behalf of commercial accounts (brokerage firms).
j) Buy money market mutual funds.
| 1. individual | a. cost | |
| 2. commercial | b. bonds | |
| 3. corporate | c. investors | |
| 4. tax | d. paper | |
| 5. opportunity | e. revenues | |
| 6. cash | f. balances |
7. Complete the sentences, using expressions from the box. Translate the sentences into Ukrainian.
Dealer market; IOUs; liquid; the money market; bonds; matures; denominations; cash investments; trading floor; Treasury bills; mutual funds.
………is a subsection of the fixed income market. We generally think of the term fixed income as being synonymous to……. The difference between the money market and the bond market is that the money market specializes in very short-term debt securities (debt that …… in less than one year). Money market investments are also called ………..because of their short maturities.
Money market securities are essentially ……..issued by governments, financial institutions and large corporations. These instruments are very …….and considered extraordinarily safe. Because they are extremely conservative, money market securities offer significantly lower returns than most other securities. One of the main differences between the money market and the stock market is that most money market securities trade in very high…….. This limits access for the individual investor. Furthermore, the money market is a……., which means that firms buy and sell securities in their own accounts, at their own risk. Compare this to the stock market where a broker receives commission to acts as an agent, while the investor takes the risk of holding the stock. Another characteristic of a dealer market is the lack of a central ……….or exchange. Deals are transacted over the phone or through electronic systems.
The easiest way for us to gain access to the money market is with money market ………., or sometimes through a money market bank account. These accounts and funds pool together the assets of thousands of investors in order to buy the money market securities on their behalf. However, some money market instruments, like……….. , may be purchased directly.