Module
Money Market Mathematics
Simple interest, day counts, discount and yield, present value, forward rates and the yield curve, with worked examples.
Educational material, not professional, tax or legal advice. Figures reflect Irish law as understood when written — check Revenue.ie or a qualified adviser before acting. Not affiliated with or endorsed by any professional body.
This module is part of Full Access
One subscription opens everything, for every age: For School, For Kids games, For Adults and For Business programmes, all 12 Quest lands and your certificates.
€19.99 a month, or €119.99 a year (save 50%). Cancel anytime.
New here? Subscribe within 7 days of creating your account and your first month is €9.99.
- 01Simple interest in the money market
- 02Day count conventions
- 03Worked example: ACT/360 and ACT/365
- 04Discount instruments and discount rates
- 05Worked example: Treasury bill price and yield
- 06Present value and future value
- 07Compounding and effective annual rates
- 08Basis points and the value of a basis point
- 09Forward interest rates
- 10Worked example: a three-against-six forward
- 11The yield curve
- 12Worked example: selling a certificate of deposit
- 13Overnight rates and compounding in arrears
- 14Negative interest rates
- 15Rate quotations: bid, offer and spread
- 16Congratulations on completing the module