The maturity of money market instruments is:
A) less than one month.
B) less than six months.
C) less than one year.
D) between one year and 10 years.
E) greater than 10 years.

Question

Quizplus · Accepted Answer

Money market instruments have a maturity of less than one year. This distinguishes them from capital market instruments, which have a longer maturity. Therefore, option C, which says the maturity is less than one year, is the best choice.

The Maturity of Money Market Instruments Is