What is a money market
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55
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The money market refers to trading in very short-term debt investments. At the wholesale level, it involves large-volume trades between institutions and traders. At the retail level, it includes money market mutual funds bought by individual investors and money market accounts opened by bank customers.
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money market deals in the trade of cash and cash equivalents to meet the short-term financial needs of businesses, institutions, and governments.
Examples include a certificate of deposits (CDs), current account, mortgage-backed loans with short maturities and high liquidity.
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