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In Eurocurrency Markets,three broad classes of financial items are involved A.bank deposits and cre
In Eurocurrency Markets,three broad classes of financial items are involved
A.bank deposits and credits,for example dollar deposits heldatEurope- an banks(i.E.Eurodollardeposits)
B.bank loans,for example Euro loans held at American banks
C.primary securities in the form of Eurobonds and Euronotes
D.derivative securities such as foreign currency options(e.g. on the ecu) or futures on eurodollar instruments
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