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The money market which will also be called the money market is known as the sub-market of well-known financial market. In this market gets the credit performance of several operations and may even operate several short-term financial assets.
The money market comprises mainly the bond market, the interbank market, Treasury notes, certificates of deposit, the market for bills of exchange and financial assets are short term. The money market is also listed as the secondary market for various assets.
The most important function is the money market to achieve to maintain much of the wealth of all the general public in the form of securities which has excellent liquidity and good profitability.
The money market can also be defined as a wholesale market in which invest in assets that provide excellent liquidity, these are issued in a short period of 18 months no more. Read the rest of this entry »