Financial and capital markets

...However, from the latter half of the 1970s, the repo market and CD market (see the CD section) developed, with the participation of non-financial institutions such as corporations, institutional investors, and non-residents, and the short-term financial market expanded. The English term money and capital markets refers to the entirety of these long-term and short-term financial markets, and is literally called the financial and capital markets. These two markets are closely related to each other through interest rate arbitrage, and it has become important to understand both markets comprehensively.

*Some of the terminology related to "financial and capital markets" is listed below.

Source | Heibonsha World Encyclopedia 2nd Edition | Information

…しかし70年代の後半くらいから企業･機関投資家･非居住者など非金融機関も参入する現先市場やCD市場(〈CD〉の項参照)が発達し，短期金融市場は拡大してきた。英語でいうmoney and capital marketsとは，こうした長短金融市場の全体をさし，文字どおり金融･資本市場ともよばれる。この両市場は，金利の裁定取引を通じて相互に密接に関連しており，いまや両市場を合わせて総合的にとらえることが重要となった。…

※「金融・資本市場」について言及している用語解説の一部を掲載しています。

出典｜株式会社平凡社世界大百科事典 第２版について | 情報