31. Repurchase agreements involve the sale of securities with a simultaneous agreement to repurchase them at a later date at a specified price.
32. Certificates of deposit are commonly issued by governments to finance their short-term borrowing needs.
33. Commercial paper is typically issued by banks to raise short-term funds.
34. Treasury bills are considered to be the riskiest instrument in the money market.
35. Repurchase agreements are commonly used by corporations to raise short-term funds.
36. Treasury bills have the shortest maturity period among the instruments of the money market.
37. Certificates of deposit offer investors a variable interest rate for a specific period of time.
38. Commercial paper is typically issued at a discount to face value and pays no periodic interest.
39. Treasury bills are primarily issued by corporations to raise short-term funds.
40. Repurchase agreements are primarily used by individuals for short-term investment purposes.
