Interbank lending market is formed from()
A. Requirement of the central bank for statutory deposit reserves of commercial banks
B. Demand of investment bank for liquid capital
C. Demand of commercial banks for excess reserves
Demand of commercial banks for investment
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The issue method of()is generally adopted for the treasury bills, that is to say, the government sells the treasury bills to investors at a price lower than their face value, and makes a repayment as
A. Discounting
B. Transfer
C. Public placement
D. Private placement
Functions of financial market mainly include()
A. Resource allocation and transformation function
B. Price discovery function
C. Risk diversification and avoidance function
D. Macro-control transmission function
E. Financial risk elimination function
On the financial market, market participants that play roles of capital suppliers, demanders and intermediaries are()
A. Financial institutions
B. Central bank
C. Enterprises
D. Residents
Which bank below issued the first negotiable certificate of deposit in the world()
A. Citibank
Barings Bank
C. Bank of Tokyo
D. ABN AMRO