Dictionary

Money Markets

From the Collaborative Bond and Money Market Data Portal

Definition: The Money Market is a segment of the Debt Capital Market, in which vanilla, fixed and floating rate Commercial Papers, Certificates of Deposits, Bills and other notes with maturities up to one year, are traded. Commercial Papers are historically issued by Corporates, whilst FIGs issue Certificates of Deposits. Bills are normally issued by SSAs in domestic markets. However, with the advent of ECP programmes for FIGs and SSAs we see the term Commercial Paper take on a more general meaning. This is true also for the French domestic NEU CP market, which includes issuance by SSAs, FIGs, Corporates and also Asset Backed Issuers. In Europe Money Markets are split between international, also known as Euro-CP or ECP and domestic money markets, such as NEU CP. The Short Term European Paper (STEP) market is a label that overlaps with both the domestic European and ECP market.

Based on available data, on the 31st of March 2018, the size of the Euro Commercial Paper market is EUR803bn.


For information on issues in Money Markets, please use the Instrument Search tool.


For information on the current size Money Markets, please use the Data Sheet tool.


For information on the composition of the Money Markets market, please use the Issuer Search tool.


For information on active dealers in the Money Markets market, please use the Dealer Search tool.


For information on active investors in the Money Markets market, please use the Corporate Search tool.