Money market: refers to the market where financial assets are traded within one year. The main function of the market is to maintain the liquidity of financial assets in order to convert them into currencies that can be circulated at any time. Its existence, on the one hand, meets the borrower's short-term capital demand, on the other hand, it finds a way out for temporarily idle funds.

The money market includes short-term credit instruments such as treasury bills, commercial paper, bank acceptance bills, negotiable certificates of deposit and repurchase agreements.

Main functions: short-term financing function, management function and policy transmission function.

Expand the market types of data currency market

Bank short-term credit market: refers to the place where international banks borrow money from each other and banks provide short-term credit funds to industrial and commercial enterprises. The market is developed in the process of capital internationalization, and its function is to solve the temporary short-term liquidity shortage. The shortest is daily demolition, generally 1 week, 1 month, 3 months, 6 months, and the longest is 1 year.

Short-term securities market: refers to bills issued by industrial and commercial enterprises with good credit to raise short-term funds. It can be issued through a bank with unlimited par value, with a term of 4 to 6 months, and the transaction is conducted by discounting the par value.

Discount market: refers to the trading market formed by discounted financing of unexpired bills.

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