Chapter 11 - Money market instruments: Treasury bills, repurchase agreements, federal funds, and bank CDs. After studying this chapter you will be able to: examine the characteristics of Treasury bills and the workings of the government securities market, learn how securities dealers operate and why they are so important to the functioning of the money market. | Lecture Money and capital markets: Financial institutions and instruments in a global marketplace (8th edition): Chapter 11 - Peter S. Rose