A study on Malaysian money market interest rates (with references of bankers acceptances and negotiable instruments of deposits) / Aisah Mat Tan

Money market is a significant part of a nation's financial system in which banks and other participants trade hundreds of million of dollars. It also can be defined as a wholesale market for low risk and highly liquid short term loans. This study was conducted to examine the relationship betwee...

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Main Author: Mat Tan, Aisah
Format: Thesis
Language:English
Published: 1997
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/36191/1/36191.PDF
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spelling my-uitm-ir.361912022-07-15T08:10:47Z A study on Malaysian money market interest rates (with references of bankers acceptances and negotiable instruments of deposits) / Aisah Mat Tan 1997-09 Mat Tan, Aisah Interest rates Money market is a significant part of a nation's financial system in which banks and other participants trade hundreds of million of dollars. It also can be defined as a wholesale market for low risk and highly liquid short term loans. This study was conducted to examine the relationship between money market interest rates (90 days of BA rate and 3 month NID rate) with other related factor ( 3 month interbank rate, inflation rate and exchange rate), as many investors feel that money market instruments as close substitutes changes in the money market interest rates are highly correlated . The investigation began with a review of the related empirical studies. This was followed by an overview of BAs and NIDs, in order to provide some knowledge and better understanding under this study. The empirical portion of this study employed a simple linear regression , multiple regression and trend analysis to examine the relationship between dependent variable (BA rate and NID rate) and independent variables (interbank rate, inflation rate and exchange rate ). The result of this study shows that both of the instruments rates have strong relationship with 3-month interbank rate and inflation rate but only a small portion of exchange rate that effect the 90 days of BA rate and 3 month of NID rate. 1997-09 Thesis https://ir.uitm.edu.my/id/eprint/36191/ https://ir.uitm.edu.my/id/eprint/36191/1/36191.PDF text en public degree Universiti Teknologi MARA Faculty of Business and Management Azam Ahmad, Padzilah
institution Universiti Teknologi MARA
collection UiTM Institutional Repository
language English
advisor Azam Ahmad, Padzilah
topic Interest rates
spellingShingle Interest rates
Mat Tan, Aisah
A study on Malaysian money market interest rates (with references of bankers acceptances and negotiable instruments of deposits) / Aisah Mat Tan
description Money market is a significant part of a nation's financial system in which banks and other participants trade hundreds of million of dollars. It also can be defined as a wholesale market for low risk and highly liquid short term loans. This study was conducted to examine the relationship between money market interest rates (90 days of BA rate and 3 month NID rate) with other related factor ( 3 month interbank rate, inflation rate and exchange rate), as many investors feel that money market instruments as close substitutes changes in the money market interest rates are highly correlated . The investigation began with a review of the related empirical studies. This was followed by an overview of BAs and NIDs, in order to provide some knowledge and better understanding under this study. The empirical portion of this study employed a simple linear regression , multiple regression and trend analysis to examine the relationship between dependent variable (BA rate and NID rate) and independent variables (interbank rate, inflation rate and exchange rate ). The result of this study shows that both of the instruments rates have strong relationship with 3-month interbank rate and inflation rate but only a small portion of exchange rate that effect the 90 days of BA rate and 3 month of NID rate.
format Thesis
qualification_level Bachelor degree
author Mat Tan, Aisah
author_facet Mat Tan, Aisah
author_sort Mat Tan, Aisah
title A study on Malaysian money market interest rates (with references of bankers acceptances and negotiable instruments of deposits) / Aisah Mat Tan
title_short A study on Malaysian money market interest rates (with references of bankers acceptances and negotiable instruments of deposits) / Aisah Mat Tan
title_full A study on Malaysian money market interest rates (with references of bankers acceptances and negotiable instruments of deposits) / Aisah Mat Tan
title_fullStr A study on Malaysian money market interest rates (with references of bankers acceptances and negotiable instruments of deposits) / Aisah Mat Tan
title_full_unstemmed A study on Malaysian money market interest rates (with references of bankers acceptances and negotiable instruments of deposits) / Aisah Mat Tan
title_sort study on malaysian money market interest rates (with references of bankers acceptances and negotiable instruments of deposits) / aisah mat tan
granting_institution Universiti Teknologi MARA
granting_department Faculty of Business and Management
publishDate 1997
url https://ir.uitm.edu.my/id/eprint/36191/1/36191.PDF
_version_ 1783734326280585216