CAPITAL MARKET

CAPITAL MARKET

Capital market refers to the market where the financial institutions mobilize the savings of the people and lend them for long term period for raising new capital in the country.

Capital market instruments.

1-mortages

2-corporate bonds

3-state and local Govt bonds

4-Federally sponsored credit agencies securities.

5-Finance company bonds

6-commercial bank bonds

7-Corporate stock

Institutional sources of finance

1-insurance companies

2-pension funds

3-Building socities

4-Investment trusts

5- unit trusts

6- savings Banks

7-specialized Finance corporation

8-commercila Banks

9- The stock exchanges

Structur of market in Pakistan

1-stock marke

2- national investment trust

3-Investment corporation of Pakistan

4- Equity participation fund

5- Bankers equity limited

6-pakistan industrial credit investment corporation

7-National Development finance corporation

8- Agricultural Development  Bank of Pakistan

9- House Building finance corporation

10- cooperative Banks

11- Small business finance corporation