||A segment of the financial market where lending and borrowing of short term securities are done.
||A section of financial market where long term securities are issued and traded.
|Nature of Market
||Treasury Bills, Commercial Papers, Certificate of Deposit, Trade Credit etc.
||Shares, Debentures, Bonds, Retained Earnings, Asset Securitization, Euro Issues etc.
||Central bank, Commercial bank, non-financial institutions, bill brokers, acceptance houses, and so on.
||Commercial banks, Stock exchange, non-banking institutions like insurance companies etc.
||To fulfill short term credit needs of the business.
||To fulfill long term credit needs of the business.
||Within a year
||More than a year
||Increases liquidity of funds in the economy.
||Mobilization of Savings in the economy.
|Return on Investment