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24 July, 18:10

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

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  1. 24 July, 18:51
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    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.
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