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3 Cards in this Set
- Front
- Back
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Money Markets |
Money markets trade debt securities with maturities of less than 1 year. Most transactions involve dealers who buys and sells instruments at their own risk. |
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Money Market |
Money market securities are generally short term and marketable. They usually have low default risk. |
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Example of Money markets |
1) Government Treasury Bills 2) Government Treasury Notes and Bonds 3) Federal agencies securities 4) Short Term Tax Exempt Securities 5) Commercial Paper 6) Certificates of Deposit 7) Repurchase Agreements 8) Eurodollars CDs 9) Bankers Acceptance Money Markets exist in New York, London and Tokyo. |
