Financial markets bingo

Exercise and reference answers

Clues and terms

1. Clue

   Sends funds to best use.

   Item

   Allocative

2. Clue

   Assets turn into cash.

   Item

   Liquidity

3. Clue

   Under one year maturity.

   Item

   Money market

4. Clue

   Long-term debt and equity.

   Item

   Capital market

5. Clue

   Government short borrowing.

   Item

   T-bill

6. Clue

   Firm's unsecured note.

   Item

   Comm paper

7. Clue

   Bank to bank, days only.

   Item

   Call money

8. Clue

   Bank's bearer instrument.

   Item

   Cert dep

9. Clue

   Thirty stock BSE index.

   Item

   SENSEX

Instructions

Read each clue and tap the term it describes.

Explanation