What is a money market?

Henry May-01-2023 03:30:38

370 days ago

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A money market is a segment of the financial system that deals in short-term borrowing and lending with highly liquid instruments. These instruments typically have maturities of one year or less, and are used by businesses, investors, and governments for transactions involving debt securities, short-term loans and foreign exchange. Money market instruments may also provide a return for investors in the form of periodic interest payments.

Gavin

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answered 22 Aug 2023

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