What are financial instruments and explain its characteristics?
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Cash instruments may also be deposits and loans agreed upon by borrowers and lenders. The value and characteristics of derivative instruments are based on the vehicle's underlying components, such as assets, interest rates or indices. These can be over-the-counter (OTC) derivatives or exchange-traded derivatives.
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Cash instruments may also be deposits and loans agreed upon by borrowers and lenders. The value and characteristics of derivative instruments are based on the vehicle's underlying components, such as assets, interest rates or indices. These can be over-the-counter (OTC) derivatives or exchange-traded derivatives.
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