Key money market characteristics Back to list

Member SinceJul 08, 2021

Posts 713

Kihn

Nov 09, 2022 a 14:57
Generally characterized by a high level of principal safety.
The majority of markets are informal "telephone" markets with low transaction costs.
Assets are usually issued in large denominations, often in millions of dollars.
Most money market instruments are liquid, which means they can be quickly converted into cash without incurring significant losses.

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