Participants in Money Market

• Bureau of Treasury


  Sells government securities to raise funds. Short-term issuances of government securities allow the government to obtain cash until tax revenues are collected.
• Commercial Banks


  Issues treasury securities; sell certificates of deposits and extends loans; offer individual investor accounts that can be used to invest in money markets.
• Private individual


  Made their investment through money market mutual funds.
• Commercial Non-Financial Institutions


  Buy and sell money market securities to manage their cash i.e. to temporarily store excess funds in exchange of somewhat higher return and obtain short-term funds.
• Investment companies


  Trade securities in behalf of their clients. Makes a market for money market securities through maintaining an inventory of financial instruments that can be bought or sold.
• Finance/Commercial leasing companies


  Raise money market instruments i.e. to commercial paper to lend funds to individual borrowers.
• Insurance companies


  Invest on money market to maintain liquidity level in case of unexpected demands most especially for property and casualty insurance companies.
• Pension funds


  Maintain funds in money market as preparation for long-term investing in stocks and bonds market.