Debt Trading

Money Market which is the wholesale interbank market for debt instruments trading and FI clean/call liquidity needs, serves as a medium through which banks and financial institutions employ their excess liquidity or arrange funding to meet their liquidity requirements. To the regulator, an organized MM represents an avenue for it to implement its monetary policy objectives in a more efficient manner. Moreover, it also provides the government with a liquid market for securities, through which it can finance its own borrowing requirements.