financial instruments in money market or discount, Finance Basics

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financial instruments in money market or discount

Financial Instruments in Money Market or Discount Markets

Financial Instruments in Money market involve as:

1. Commercial paper

2. Bills of exchange

3. Treasury bills

4. Promissory notice

5. Bankers certificate of deposit

6. Bank overdrafts

These instruments are sold through commercial banks, discounting houses, merchant banks, acceptance houses, and government also.

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