what is moneymarket instruments
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Money market instruments are securities that provide businesses, banks, and the government with large amounts of low-cost capital for a short time. The period is overnight, a few days, weeks, or even months, but always less than a year. The financial markets meet longer-term cash needs.
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» Money market instruments are securities that provide businesses, banks, and the government with large amounts of low - cost capital for a short time. The period is overnight, a few days, weeks, or even months, but always less than a year. The financial markets meet longer - term cash needs.
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