IE&IFS: Concepts and Practice · Part D: Financial Products and Services

Chapter 20: Capital markets, stock exchanges and bonds

How companies and governments raise long-term money, how shares and bonds then trade, and what moves their prices.

Buyers of the e-book, or of the print copy, which includes it, read the whole chapter. Everyone can read the free sample, pages 1 to 24 of the e-book.

In this chapter

• 20.1The capital market and the primary marketp. 269
• 20.2A public issue, from bid to listingp. 270
• 20.3The secondary marketp. 271
• 20.4The government securities marketp. 272
• 20.5Corporate bonds; price and yieldp. 273
• Exam traps and quick checksp. 274
• Practice: 16 questions in three roundsp. 275
• Answers, with every wrong option explainedp. 277
• Make it stickp. 279
• Chapter 20 on one pagep. 280

Corrections and updates

None for this chapter so far. Every correction to the book, and any rule that changes after its date, is listed on the errata page.