After reading this article you will learn about:- 1. Meaning of Money Market 2. Functions of Money Market 3. Need 4. Benefits. Meaning of Money Market: When we talk about any market it comes to our mind that a market consists of many shops, outlets, stalls, hawkers and now newly developed markets known as malls. Very obvious all these are [...]
This article throws light upon the eleven popular instruments of money market. The instruments are: 1. Call Money/Notice Money/Term Money 2. Treasury Bills 3. Repo and Reverse Repo 4. Commercial Paper 5. Certificate of Deposits 6. Banker’s Acceptance 7. Inter Corporate Deposits 8. CBLO (Collateralised Borrowing And Lending Obligation) 9. Inter-Bank Participation and Others. Instrument # 1. Call Money/Notice Money/Term [...]
After reading this article you will learn about:- 1. Definition of Secondary Market 2. Instruments 3. Features. Definition of Secondary Market: Secondary market refers to a market where securities are traded after being initially offered to public in the primary market and/or listed on the stock Exchange. Majority of the trading is done in the secondary market. Secondary market comprises [...]