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Types and Functions of Financial Market
[…] maturity period. The equity market is set up to handle residual claims. In these markets, investors can transact in equity financial holdings. By claim maturity Treasury bills, certificates of…
Financial Market
[…] at maturity. 4. Money Markets Money markets deal with short-term borrowing and lending, typically involving highly liquid and low-risk instruments such as Treasury bills, commercial paper, and certificates of…