Fill This Form To Receive Instant Help
Fill This Form To Receive Instant Help
Homework answers / question archive / Which of the following is NOT a money market instrument? a
Which of the following is NOT a money market instrument?
a. Corporate bonds
b. Banker's acceptances
c. Treasury bills
d. Commercial paper
Corporate bonds are not money market instruments as their maturity period is more than a year. Normally, money market instruments are short term securities. That is, they mature within one year.
