Page 219 - FM Integrated WorkBook STUDENT 2018-19

Financial markets and the treasury function

Money markets

Money markets deal in short-term funds (<1 year) and transactions.

They play a key role in:

 providing short-term liquidity to companies, banks and the public
sector

– loans, factoring and commercial papers for companies

– inter-bank markets for banks and building societies

– loans to local government authorities

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