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Explain Explain the functions of a financial system Categorise Categorise the main types of financial institutions Describe Describe the main classes of financial instruments issued in a financial system Distinguish Distinguish between various types of financial markets according to function Short-term Debt instruments Learning objective 1 Negotiable certificate deposit Commercial bills I Bank bills I Promissory Notes Learning objective 3 Bank overdrafts Trade credits Inventory finance I Accounts receivable financing I Factoring Bloomberg Market Concept (BMC) Why Bloomberg Market Concepts? 1.The investment banking and capital markets teams across all the banks require incoming interns and graduates to be across
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