Financial Institution Instruments
{"Image DocumentName": "Financial Institution Instruments", "Image ImageDescription": "Federal Funds markets depository institutions to borrow from one another to meet Federal Reserve requirements. Excess reserves of one bank are loaned to other banks for satisfaction of reserve requirements. The rate at which these loans are extended is referred to as the Federal Funds Rate. The Negotiable Certificates of Deposit (a type of Jumbo C.D.) is a tradable depository institution C.D. with a denomination or balance exceeding  100,000. The amounts by which jumbo C.D.s exceed  250,000 are not FDIC insured. Negotiable CDs are often purchased by H.N.W. individual investors, financial institutions, corporate treasuries and by Money Market Mutual Funds, which are created by banks and investment institutions for the purpose of pooling together depositor or investor funds. Banker s Acceptances are originated when a bank accepts responsibility for assuming some financial responsibility on behalf of a client. Because the bank is likely to be a good credit risk, acceptances are usually marketable. Repurchase Agreements (Repos) are issued by financial institutions acknowledging the sale of assets and a subsequent agreement to re-purchase at a higher price in the near term. This agreement is essentially the same as a collateralized short-term loan.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}