Which of the following instruments is not traded in a money market?
A) Residential mortgages
B) Treasury Bills
C) Negotiable bank certificates of deposit
D) Commercial paper

Question

Quizplus · Accepted Answer

Residential mortgages are not traded in the money market. They are a type of asset class that is traded in the secondary market. The other options (Treasury Bills, Negotiable bank certificates of deposit, and Commercial paper) are all instruments that are commonly traded in the money market.

Which of the Following Instruments Is Not Traded in a Money