Get Started with ixamBee
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.
Which country recently became the first in the world to introduce a tax on livestock carbon dioxide (CO2) emissions starting in 2030?
What is the full form of EPFO?
Which country recently signed an MoU with India on anti-doping education and prevention?
In which state was the country's 'first' toy train to run on CNG inaugurated?
Which Indian bank recently became the first to execute an export finance transaction on RXIL’s International Trade Financing Services Platform (ITFS)?...
Which of the following is NOT a greenhouse gas?
DPS Flamingo Lake, recently declared a conservation reserve, is located in which Indian city?
How many compounds did AgeXtend screen in its study to identify anti-ageing molecules?
Which among the following IIMs topped in IIRF recently?
