Financial instruments 2400-FiR3IF

1. Introduction and rules of assessment. Financial instruments as a part of financial system.
2. Capital market instruments: stocks, bonds, notes, pre-emptive rights, rights to shares, depository receipts, index certificates, index participation units, structured products, subscription warrants, warrants, bill of lading, etc.
3. Investments funds instruments: certificates of investment, participation units, ETFs, special forms of investment funds (money market funds, securitization funds, umbrella funds, hedging funds, etc.).
4. Money market instruments: outrights, REPO's, SBB's, money market bonds, treasury bonds, commercial papers.
5. Deposits, certificates of deposit, saving bonds, different kinds of loans, leasing.
6. Guarantees, stand-by letters of credit, contract clauses.
7. Forwards, futures, options (including exotic and compound), swaps (IRS, CS, CIRS OIS, etc.) and other derivatives (including catastrophic and credit derivatives).
8. Bills of exchange, factoring services, forfaiting, debt purchase transactions, asset backed securities.
9. Cheques, money transfers and similar clearing forms, direct debit, payment cards.
10. Clean payment instruments: order payment, traveller's cheques, money orders, and documentary payment instruments: documentary credit, letter of credit, documentary collection.

The final grade depends on points received from: Power Point presentation (max 12 points), short class tests (max 12 points) and exam (max 40 points).