An overview of the financial system - Money market instruments
3 important questions on An overview of the financial system - Money market instruments
What is a money market?
Financial market in which only short-term debt
instruments (< 1 year) are traded.
instruments (< 1 year) are traded.
What is a capital market?
Financial market where securities with longer term debt instruments (>1year) and stocks are traded.
What is the difference between capital and money market?
Money markets have the least price fluctuation and less risky investments than capital markets.
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