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What Do You Understand By Money Market? Give An Example. |
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Answer» Money market is the market where SHORT term instruments of CREDIT with a MATURITY period of one year or LESS than that are traded. Such instruments are known as near money. The borrowers of money market are traders, government, speculators and lenders in this market are commercial BANKS, central bank, financial institutions and insurance companies etc. Money market is the market where short term instruments of credit with a maturity period of one year or less than that are traded. Such instruments are known as near money. The borrowers of money market are traders, government, speculators and lenders in this market are commercial banks, central bank, financial institutions and insurance companies etc. |
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