13. (2 Points) are the most active participants in the federal funds market. commercial banks saving institutions insurance companies pension funds insurance companies pension funds 14. is a market in which financial assets (securities) such as stocks and bonds can be purchased or sold. (1 Point) primary market secondary market derivatives financial market issuer to maintain records of who owns the bond and automatically derivatives financial market 15. require the issuer to maintain records of who owns the bond and automatically send coupon payments to the owners. (1 Point) inflation indexed bond variable rate bond registered bond convertible bond General Financial NIL