Money Market Instruments The money market is that the arena within which monetary establishments build offered to a broad vary of borrowers and investors the chance to shop for and sell numerous varieties of short securities. there's no physical "money market." Instead it's a casual network of banks and traders connected by telephones, fax machines, and computers. cash markets exist each within the u. s. and abroad. Money Market Instruments The short debts and securities sold on the cash markets—which square measure called securities industry instruments—have maturities starting from someday to at least one year and square measure very liquid. Treasury bills, office notes, certificates of deposit (CDs), Eurocurrency deposits, cash equivalent, bankers' acceptances, and repurchase agreements square measure samples of instruments. The suppliers of funds for securities industry instruments square measure establishments and people with a