Money markets are markets for: Long-term bonds Short-term debt securities such as Treasury bills and commercial paper Common stocks. Consumer automobile loans.

Money markets are the markets for short term debt securities.

Explanation:

Money markets are that component of the financial market which provides funds for the short term credit needs. There are a number of short term debt securities in the money market such as treasury bills, commercial papers, etc.

This market provides funds for a period of overnight to less than a year. Funds for more than a year are provided by the capital market.