I.Choose the correct answer:

1. Money markets deal in:

1. short-term securities;

2. long-term securities;

Capital markets deal in:

1. short-term securities;

2. long-term securities.

2. An investor who purchases new securities is participating:

1. in a primary financial market;

2. in a secondary financial market.

3. The internal bond market is also called:

1. primary market;

2. secondary market;

3. external market;

4. national market.

4. A market where bonds of issuers not domiciled in the country are issued and traded is called:

1. the domestic bond market;

2. the foreign bond market.

A market where issuers domiciled in the country issue bonds and where those bonds are traded is called:

a) the domestic bond market;

b) the foreign bond market.

5. Bonds traded in US foreign bond market is called:

1. matador bonds;

2. Rembrandt bonds;

3. bulldog bonds;

4. Samurai bonds;

5. Yankee bonds.

II. Match what statements are true and what are false. Results write to the table:

1. There are many different financial markets, each one consisting of many institutions, dealing with different instruments.

2. Financial markets are classified only as primary or secondary markets.

3. Money markets deals in long-term securities having maturities of ten or less.

4. The largest issuers are central governments.

5. Capital markets deal in short-term securities having maturities greater than one year.

6. There is a uniform system for classifying the global bond markets.

7. The external bond market is commonly referred to as the Eurobond market.

Table

	1	2	3	4	5	6	7
True
False

III. Fill the tables:

a)

b )

.

c) Name the foreign bonds of such countries:

Country	Bonds
United States of America
United Kingdom
Japan
Netherlands
Spain

d)

Unit 10

Financial management

 I. Reading

1. Stress the first syllable:

favourable, manager, maximize, shareholder, profitable, equity, adequate, merger, dividend, primarily, enterprise, statement, assets, inventory, balance sheet, mortgage, treasure.

2. Stress the second syllable:

important, concern, connection, investment, agreement, inventory, exchange, receivable, advisable, accumulate, relationship, controller, distribute, acquire, maintain

3. Stress the third syllable:

acquisition, variation, liability, proprietor, represent, variation

4. Read and translate the text: