answersLogoWhite

0

they like undertake to buy up government bonds etc for a consideration and apercentage discount

a bit like reinsurance. Then they can parcel it up and fog it off giving away some of their discount rate. Underwriters for big finance

User Avatar

Wiki User

11y ago

What else can I help you with?

Related Questions

What are the current role of discount houses in Ghana?

Discount houses in Ghana specialize in the buying and selling of securities linked to the country's domestic market. In this way, they play a role in control of the supply of money as well as assist in controlling and developing domestic money markets which aids overall economic development.


What is the role of commercial banks in ethiopian?

process of payment, common money market,issue money


How much money did Role Models gross domestically?

Role Models grossed $67,300,955 in the domestic market.


In the house what was the male role in the house?

To do work and make money. The woman's place is in the kitchen.


Discuss the role of RBI in money market?

to keep liquidity in financial markets


What are functions of dfhi?

Functions of DFHI:To discount, re-discount purchase and sell Treasury bill, trade bill, bills of exchange, commercial bills and commercial papers.To play important role as a lender, borrower, or broker in the interbank call money market.To promote and support company funds, trusts and other organisations for the development of short-term money market.To advise government, banks and financial institutions in evolving schemes for growth and development of money market.


Which is the market in which money is lent for periods of less than a year?

The market in which money is lent for periods of less than a year is known as the money market. This market facilitates the borrowing and lending of short-term funds, typically with maturities of one year or less. Instruments traded in the money market include Treasury bills, commercial paper, and certificates of deposit. It plays a crucial role in managing liquidity and short-term financing needs for businesses and governments.


Consumers role in a mixed economy?

what is the role of a consumer in a mixed econmoy


Who is the regulator of money market in Nigeria?

The primary regulator of the money market in Nigeria is the Central Bank of Nigeria (CBN). The CBN oversees the country's monetary policy and ensures the stability of the financial system. It regulates money market instruments, including treasury bills and commercial papers, and facilitates liquidity management in the financial sector. Additionally, the Securities and Exchange Commission (SEC) also plays a role in regulating certain aspects of the money market, particularly related to capital market instruments.


What are the role of money market in the development of Ghanas economy in the last 10years?

Over the last decade, Ghana's money market has played a crucial role in economic development by providing a platform for short-term borrowing and lending, which enhances liquidity and supports business operations. It has facilitated access to financing for both the government and private sector, enabling infrastructure projects and promoting investment. Additionally, the money market has contributed to the stabilization of interest rates and inflation, fostering a more predictable economic environment for investors. Overall, a robust money market has been vital in supporting Ghana's economic growth and resilience.


What is the role of the government in the market structure?

the role of the government in the market structure is to control inflection


What is the role of the federal open market committee ( FOMC)?

It makes key decisions about interest rates and the growth of the United States money supply.