Chapter 03 | Debt securities market

Abstract

By the end of this lesson, here’s what you should be able to do: First, you’ll be able to explain what debt instruments are — we’ll look at what they mean, what makes them different, and why they’re important in the financial system. Second,you’ll learn how the money market works — we’ll break down its structure, what it’s used for, and go through some of the key instruments commonly traded there. And third,you’ll get to know the different types of bonds, understand what makes each type unique, and see how the bond market helps raise capital for long-term development in the economy.