indian money market pdf

Money Market Instruments in India

Money Market Instruments in India RBI allowed the issue of CPs in 1989. The CP is a short-term negotiable instrument, consisting of usance primary notes with a fixed maturity, indicating the short-term obligation of an issuer. Companies as a means of raising the short-term debt issue it. It is issued at a discount to face value basis but can also be issued in interest-bearing form. The issuer prom...

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