What is money market products?
Money Market products are the products which are dealt in money market. Money Market means where the trading is done on a short term basis i.e., tenure being maximum one year and the securities being more liquidity in nature. The products involved in money market are as follows:-Commercial BillsCommercial PapersTreasury BillsRepo / Reverse repoCBLO (Collateral Borrowing & Lending Obligations)Mutual Fund Money marketBanker's AcceptanceCertificates of Deposits
Therefore, the above were the few money market products.
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