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Contractual savings institutions
Contractual savings institutions obtain funds at periodic intervals on a contractual basis. The industry is classified into two main groups insurance companies and pension funds. The liquidity of their assets is less significant than for depository institutions because they can predict with reasonable accuracy the future payments due to their customers.
As a result they invest their funds in long-term securities (such as corporate bonds, stocks and mortgages).
Mutual Fund Services: Financial Mutual Funds launch schemes to cater to the need of the different categories of investors. They provide special services in addition to the retu
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what is the benefits of UMMB
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Put option is the right of the investor which he may exercise on the date at the put price given in the indenture. Normally, put price is in par value. When yield rises
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