Start learning 50% faster. Sign in now
Money Market Instruments are simply the instruments or tools which can help one operate in the money market. These instruments serve a dual purpose of not only allowing borrowers meet their short-term requirements but also provide easy liquidity to lenders. Some of the common money market instruments include Banker’s Acceptance, Treasury Bills, Repurchase Agreements, Certificate of Deposits (CoD) and Commercial Papers. Money market instruments allow governments, financial organizations and businesses to finance their short-term cash requirements. Some of the notable characteristics of money market instruments are as follows. · Liquidity – Money market instruments are highly liquid because they are fixed-income securities which carry short maturity periods of a year or less. · Safety – Issuers of money market instruments have strong credit ratings, which automatically mean that the money instruments issued by them will also be safe. · Discount Pricing – Another important characteristic feature of money market instruments is that they are issued at a discount on their face value.
Who belongs to America?
Sum of pens with the DR and LABOUR is ___.
Which of the following statement(s) is/are true?
I) Three floors are between T and X
II) U lives on the lowermost floor
...
How many persons purchased bungalow between Babli and Farun?
Who among the following person lives immediate above flat of O?
Which of the following shelf does the box with Tie kept?
Six boxes, J, K, L, M, N and O are kept one above the other (not necessarily in the same manner). There are four box between J and K. There are two boxe...
Who among the following lives on three floors above D?
Who lives on floor number Two?
How many boxes are kept between box N and the box which contains Dates?