Match (by number) each money market instrument with its description:
(i)-money market instru...
Business, 18.10.2019 17:30, kseniyayakimno
Match (by number) each money market instrument with its description:
(i)-money market instrument
(ii)-commercial paper nothing
(iii)treasury bills nothing
(iv)-repurchase agreements nothing
(v)federal funds nothing
(vi)banker's acceptances nothing. description 1. these instruments are typically overnight loans between banks of their deposits at the federal reserve. description: 2. a debt instrument sold by a bank to depositors that pays annual interest of a given amount and at maturity pays back the original purchase price. description: 3. a short-term debt instrument issued by large banks and well-known corporations. description: 4. these money market instruments are created in the course of carrying out international trade. this is a bank draft (a promise of payment similar to a check) issued by a firm, payable at some future date, and guaranteed for a fee by a bank. description: 5. these short-term debt instruments of the us government are issued in three-, six-, and 12-month maturities to finance the federal government. description: 6. these instruments are effectively short-term loans (usually with a maturity of less than two weeks) for which treasury bills serve as collateral, which the lender receives if the borrower does not pay back the loan.
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