Which of the following instruments is traded in the

Solution

• The Corporate Debt Market is where companies raise capital by issuing  debt securities .
• Commercial Paper (CP)  is a  short-term, unsecured promissory note  issued by corporations to meet their immediate funding needs (maturity < 1 year). It is a classic money market instrument that is part of the corporate debt universe.
• Equity Shares  represent ownership, not debt.
• Treasury Bills  and  Sovereign Gold Bonds  are debt instruments, but they are issued by the  Government of India  (sovereign), not corporations. They trade in the government securities (G-Sec) market.