6.05  Money Market Instruments

. Money Market Instruments There are many kinds of Instruments available in Money Market. In India, till , only a few instruments were available. They were as follows: i. Treasury Bills in the Treasury Market ii. Money at Call and Short Notice in the Call Loan Market iii. Commercial Bills and Promissory Notes in the Bill Market Now in addition to the above, the following new instruments come into existence: i. Commercial Papers ii. Certificate of Deposits iii. Inter-Bank participation Certificates. iv. Repo Instruments. These instruments are brieflty highlighted in this chapter. 12th Commerce Unit - - . . AM