Explain about money markets by maturity of the securities, Financial Management

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Explain about money markets by maturity of the securities.

On the basis of the maturity of the securities traded, money markets can be introduced here:
Money markets are financial markets where only short-term debt instruments (maturity of less than one year) are traded. Money markets are mainly wholesale markets (large transactions) where firms and financial institutions manage their short-term liquidity needs (i.e. to earn interest on their temporary surplus funds).


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