short-term funds having a maturity of 15


Short-term funds having a maturity of 15 days and over are categorized as term money. Banks access this term money route to bring greater stability in their short-term deficits. While making a forecast of the fund requirements, banks will be in a position to assess the likely surplus and deficit balances that are to occur during the forecasted period. In view of such forecast, banks assess the amount that needs to be borrowed/lent in order to prevent any severe liquidity mismatch. 

Request for Solution File

Ask an Expert for Answer!!
Financial Management: short-term funds having a maturity of 15
Reference No:- TGS0159148

Expected delivery within 24 Hours