what is the money Market Instruments.
Answers
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Answer:
The money market instruments is the arena in which financial institutions make available to a broad range of borrowers and investors the opportunity to buy and sell various forms of short-term securities.
There is no physical "money market." Instead it is an informal network of banks and traders linked by telephones, fax machines, and computers.
Money markets exist both in the United States and abroad.
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⭕Answer
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⭐1..Call Money:-
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Call money is a short term finance repayable only on demand with a particular period of time. Call money is a method by which banks borrow from each other.
⭐2. Certificate of Deposit:-
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⭐Certificates of deposit issued by Commercial Banks and development financial institutions. They can be issued to individuals. it' s a unsecured method.They help to mobilise a large amount of money for short periods.
3. Commercial Bill:-
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it is a bill of exchange used to finance the working capital requirements of business firms.
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