Workshop Outline

  • Introduction and characteristics of the Money Market
  • Participants and the functions of the money market
  • Influences on the level of interest rates in the Money Market
  • Money Market instruments, pricing and secondary market calculations
  • Time deposits and Negotiable Certificates of Deposit
  • Bankers Acceptances
  • Treasury Bills
  • Trade bills, Promissory Notes and Commercial Paper
  • The Interbank market
  • The Repo market
  • Hedging Money Market risks applying interest rate derivatives

Outcomes

On completion of the program the delegate will be able to:

  • Price And Calculate The Returns On Money Market Instruments
  • Distinguish Between Yield And Discount Money Market Instruments
  • Identify The Instruments Used For Hedging Interest Rate Exposure In The Money Market
  • Identify The Participants In The Money Market
  • Understand The Influences On Interest Rates In The Money Market
  • Understand The Interbank Market
  • Understand The Role Of The SARB In Money Market
  • Understand and apply the basic derivative instruments used in managing interest rate risk