Roles Of Bank In Payment System And Financial Intermediation Flashcards
0
Q
ADIs
A
Commercial banks Credit union Building societies au Savings and loans association us Mutual saving banks us
1
Q
3 types of financial institutions
A
Authorised deposit taking institution
Contractual saving institutions
Investment intermediaries
2
Q
Contractual saving institutions
A
General and life insurance
Superannuation funds au
Pension funds us
3
Q
Investment intermediaries
A
Money market corporations au Investment bank us Finance companies Managed funds au Mutual funds us Securitisers
4
Q
Money market institutions
Less than 1 year
Very liquid
A
Us treasury bills Negotiable bank certificates of deposit Commercial paper Repurchase agreement Federal funds
5
Q
Capital market institution
Maturities greater than 1 year
A
Stock mortgages Corporate binds Us government securities State and government bonds Consumer and bank commercial loans