These feature debt securities or instruments with maturities of one year or less.

Question

Quizplus · Accepted Answer

Money markets refer to markets where short-term debt securities with maturities of one year or less are traded. Therefore, option A is the correct choice. Option B refers to the market where newly issued securities are sold for the first time, while option C refers to markets where already issued securities are traded. Option D refers to stocks that are traded outside of formal exchanges such as the NYSE.

These Feature Debt Securities or Instruments with Maturities of One