Why would a bank seek financing on the Eurodollar market instead of the Fed Funds market?
a. Eurodollars are secured whereas Fed Funds are not
b. Eurodollar loans are available for terms longer than one day Greater liquidity in
c. Eurodollar markets due to greater presence of dealers Interest rates are higher in
d. Eurodollar markets The Fed Funds market is not available to banks outside the US