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Financial Instruments in Money Market or Discount Markets
Financial Instruments in Money market involve as:
1. Commercial paper
2. Bills of exchange
3. Treasury bills
4. Promissory notice
5. Bankers certificate of deposit
6. Bank overdrafts
These instruments are sold through commercial banks, discounting houses, merchant banks, acceptance houses, and government also.
details about forward contract
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objectives
Parties include In Central Depository System 1. Government As like for the motive of attracting foreign supporting and investors the infrastructure of capital markets.
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