Which of the following is not a money market instrument?
A) U.S. Treasury bill with 91 days until maturity
B) Commercial paper with 180 days until maturity
C) 5-year Treasury bond
D) A repurchase agreement, backed by U.S. government securities, with a 1-week maturity

Question

Quizplus · Accepted Answer

A 5-year Treasury bond is not considered a money market instrument as it has a longer maturity period than most money market instruments, which typically have maturities of one year or less. Choices A, B, and D are money market instruments as they have shorter maturities and are typically issued by government, corporations, or financial institutions to meet short-term funding needs.

Which of the Following Is Not a Money Market Instrument