Is cash a money market instrument 2024?
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Works at the International Development Association, Lives in Washington, D.C., USA.
Money market instruments give businesses, financial institutions and governments a means to finance their short-term cash requirements. Three important characteristics are: Liquidity - Since they are fixed-income securities with short-term maturities of a year or less, money market instruments are extremely liquid.
2023-05-14 10:50:08
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Julian Davis
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Money market instruments give businesses, financial institutions and governments a means to finance their short-term cash requirements. Three important characteristics are: Liquidity - Since they are fixed-income securities with short-term maturities of a year or less, money market instruments are extremely liquid.