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The Final prep to the FIM

The Final prep to the FIM:
Money Market:
Money market securities are short-term instruments with an original maturity of less than one year.
Money market securities include Treasury bills, commercial paper, federal funds, repurchase
agreements, negotiable certificates of deposit, banker’s acceptances, and Eurodollars.
The term money market is actually a misnomer, because liquid securities are traded in these markets
rather than money.