T.Y.BFM MONEY MARKET
sub-market such as the inter-bank call money, bill discounting, treasury bills,Certificate of deposits (CDs), Commercial paper (CPs), RepurchaseOptions/Ready Forward (REPO or RF), Inter-Bank participation certificates(IBPCs), Securitised Debts, Options, Financial Futures, Forward RateAgreement (FRAs), etc. which collectively constitute the money market.Participants in money market
These are the entities with surplus lendable funds like-Banks (Commercial, Co-operative & Private)Mutual FundsCorporate Entities with bulk lendable resources of minimum of Rs. 3 crores per transactionFinancial Institutions
These are entities with deficit funds and includes the ones as above.
FEATURES OF MONEY MARKET
It is a collection of market for following instruments- Callmoney, notice money, repos, term money, treasury bills,commercial bills, certificate of deposits, commercial papers