Which of the following is NOT a money market instrument? a

Marketing Dec 28, 2020

Which of the following is NOT a money market instrument?

a. Corporate bonds

b. Banker's acceptances

c. Treasury bills

d. Commercial paper

Expert Solution

The answer to this question is A. Corporate bonds.

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.

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