Binny
Any market on which securities are traded like stocks, bonds, commodities etc is called capital market. The collection of all these markets is called capital market.
Money market is one such capital market in which any securities with high liquidity and short duration are traded. Typical securities traded in money market include - certificates of deposit (CDs), bankers acceptances, U.S. Treasury bills, commercial paper, municipal notes, federal funds and repurchase agreements (repos).
May 02 2013 03:14 PM