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In finance, the money market is the global financial market for short-term borrowing and lending. It provides short-term liquidity funding for the global financial system. The money market is where short-term obligations such as Treasury bills, commercial paper and bankers' acceptances are bought and sold.

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14y ago
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10y ago

There are seven different money market instruments. Treasury Bills are short term notes given by the US government, Federal Agency Notes are agencies of federal government issue both short and long term obligations, Short Term Tax Exempts this is a short term notes given by state and municipal governments, Certificates of Deposit is certificates given by bank, Commercial Paper are short term promissory notes given by financial and nonfinancial companies, Banker Acceptances are instruments and Repurchase Agreements which are treasury securities.

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Q: Which are the money market instrument?
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