ExamVeda
Login
Home
International Finance and Treasury
?

Money market where securities are issued by governments to obtain funds for short term is classified as

Answer & Solution
Correct Answer: Option A
Money market where securities are issued by governments to obtain funds for short term is classified as money market instruments. There are several money market instruments in most Western countries, including treasury bills, commercial paper, bankers' acceptances, deposits, certificates of deposit, bills of exchange, repurchase agreements, federal funds, and short-lived mortgage- and asset-backed securities.
Examveda
Question posted by Examveda
Community

Join the Discussion

No comments yet Be the first to discuss this question.