Money market
The money market (MM) is the - financial market for short-term borrowing. It provides short-term liquid funding for the global financial system. He is where short-term obligations such as Treasury bills, commercial paper and bankers acceptances are bought and sold. The money market (MM), consists of financial institutions and dealers in money or credit who wish to either borrow or lend. Participants borrow for short periods of time, typically up to thirteen months.
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