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Grade: 10

                        

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

24 days ago

Answers : (1)

ankit singh
askIITians Faculty
596 Points
							
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.
24 days ago
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