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Fixed Income Products: Money Market
 
Money Market  

Money market is the global financial market for short-term borrowing and lending. It provides short-term liquid funding. It is where short-term obligations such as Treasury bill, commercial paper and bankers’ acceptance are bought and sold.
The money market consists of financial institutions and dealers in money or credit who wish to either borrow or lend. Participants borrow and lend for short periods of time, typically up to thirteen months. Money market trades in short term financial instruments commonly called "paper". The money market is held in the brokerage accounts.

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