Series 6 Unit 1

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Across
  1. 4. Rate banks charge their best customers
  2. 6. Equals Assets minus Liabilities
  3. 9. Consumer Price index,A measure of the changes of consumer prices
  4. 10. Dollar when foreign products are cheaper, dollar can buy more foreign goods, good for importers
  5. 12. Trade in the secondary market, pay interest semi annually, matures 1-10 years
  6. 13. Executes trades for its own account, acts an principal, charges a mark up.
  7. 15. Rate banks charge to lend money to another bank Highly volatile
  8. 16. Dollar U.> products are cheaper, foreign currency can buy more U.S. goods, Good for exporters
  9. 17. A general rise in prices of consumer goods, interest rates increase
  10. 20. Trade in the secondary market, pay interest semi annually, matures 10 or more years
  11. 21. Gross Domestic Prodicut A measure of the goods and services produced in the U.S.
Down
  1. 1. Government National Mortgage Association Ginnie Mae Backed by the full faith and credit of the federal government, Mortgage backed pass through, taxed at federal state, and local levels, lower risk
  2. 2. Executes trades for others, acts as an agent, charges a commission
  3. 3. Rate banks charge for margin accounts
  4. 5. When they buy the banks have more cash interest rates decrease, when they sell banks have less case, interest rates increase (Federal Open Market Committee)
  5. 7. Issued at discount, issued in denominations of $1000, to $1 million, maturities: 4,13,26,& 52 weeks, (1,3,5, & 12 months)
  6. 8. the rate the government charges banks
  7. 11. A general decline in prices of consumer goods, interest rates decrease
  8. 14. Are not brokers or dealers
  9. 15. Federal National Mortgage Association Fannie Mae Publicly traded Owned by shareholders, Mortgage backed backed pass through securities, taxed at the federal, state and local levels, subject to prepayment risk
  10. 18. The federal reserve board controls the money supply , banking industry, use of credit, in US and securities industry
  11. 19. A form of deb