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What is Understanding Money Market Instruments about?

The document discusses money markets and its instruments. It defines money markets as markets for short-term financial instruments with maturities of up to one year. Major players in the Indian money market include the RBI, banks, financial institutions, mutual funds, and corporations. Common money market instruments described include treasury bills, commercial paper, certificates of deposit, bankers acceptances, and repos. Certificates of deposit are negotiable promissory notes issued by banks against depo

Author

KIRANMAI CHENNURU

Language

EN