Debt instruments that have maturities less than one year are traded in the:

Question

Quizplus · Accepted Answer

Debt instruments with maturities less than one year are typically considered short-term instruments and are traded in the money market. The money market is a subset of the fixed income market, where short-term debt securities are bought and sold. The primary market is where new securities are issued for the first time, so it is not an appropriate answer. The bond market is where longer-term debt securities are traded, so it is not applicable to the question unless the instruments in question have a longer maturity.

Debt Instruments That Have Maturities Less Than One Year Are