Describe the features of three forms of Money Market funding that can be used by organisations to raise finance.
Three forms of money market funds are:
1. General money market funds , in which the organisations raise money through a variety of short term funds. Instruments in these markets include commercial papers, bills of exchange etc.
2. US Government short term funds, it is a market where the Federal government raises funds through treasury bonds, T Bills and other government backed securities.
3. Short term municipal funds ,where the local governments raise money through various short term securities.
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