Foundation of Global Financial Markets and Institutions

© 2019 Massachusetts Institute of Technology

All rights reserved. No part of this book may be reproduced in any form by any electronic or

mechanical means (including photocopying, recording, or information storage and retrieval) without

permission in writing from the publisher.

This book was set in Times Roman by Westchester Publishing Services. Printed and bound in the

United States of America.

Library of Congress Cataloging-in-Publication Data

Names: Fabozzi, Frank J., author. | Jones, Frank Joseph, author.

Title: Foundations of global financial markets and institutions / Frank J. Fabozzi and Frank J. Jones ;

with Francesco A. Fabozzi and Steven V. Mann.

Other titles: Foundations of financial markets and institutions

Description: Fifth edition. | Cambridge, MA : MIT Press, [2019] | Earlier editions published as:

Foundations of financial markets and institutions. | Includes bibliographical references and index.

Identifiers: LCCN 2018026996 | ISBN 9780262039543 (hardcover : alk. paper)

Subjects: LCSH: Finance. | Financial institutions.

Classification: LCC HG173 .F29 2019 | DDC 332.1—dc22

LC record available at https://lccn.loc.gov/2018026996