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Which of the following is not considered a money market instrument?ATreasury billsBRepurchase agreementCCommercial paperDShares and bonds

Shamit Jain , 4 Years ago
Grade 10
anser 1 Answers
ankit singh

Last Activity: 4 Years ago

ANSWER
Money market instruments are the instruments which are invested for a short period of time. They have the maturity period of less than one year. Treasury bills, repurchase agreement and commercial paper all are short term investments and have a maturity level of less than one year. Hence, shares and bonds having maturity of more than one year are not considered as money market instrument.

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