what is money market? explain various instruments of money market.
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The main money market instruments are Treasury bills, commercial papers, certificate of deposits, and call money. A money market is highly liquid as it has instruments that have a maturity below one year. Most of the money market instruments provide fixed returns.
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As the name suggests, Money Market Instruments are simply the instruments or tools which can help one operate in the money market. ... Some of the common money market instruments include Banker's Acceptance, Treasury Bills, Repurchase Agreements, Certificate of Deposits and Commercial Papers...
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