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Which of the following is not considered a money market instrument? A Treasury bills B Repurchase agreement C Commercial paper D Shares and bonds

Which of the following is not considered a money market instrument?

A

Treasury bills

B

Repurchase agreement

C

Commercial paper

D

Shares and bonds

 
 
 

Grade:10

1 Answers

ankit singh
askIITians Faculty 614 Points
3 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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