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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 Treasury Bills (T-bills), Repurchase Agreements (repo transactions), Certificate of Deposits (CoD) and Commercial Papers (CP). 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 usually have strong credit ratings, indicating higher safety. Discount Pricing – Another important characteristic feature of money market instruments is that they are issued at a discount on their face value i.e. they are usually in the nature of zero-coupon instruments.
In propounding this concept, (A)/he does not adapt (B)/a nihilistic view of the continuing (C)/use of these chemicals (D).
...Most cheap clothes are made from polyester, comprised of extreme strongly , non-biodegradable fibre, even resistant to most forms of chemicals.
...She pervades (A)/ poetry from cover (B)/ to cover. (C) / No error (D)
He was stunned for seeing me waiting for him and told me that I looked very angry.
