The correct answers are: Certificates of deposit market; Sterling commercial paper market; Finance house market; Interbank market.
-
Certificates of deposit market - a form of deposit that can be sold by the investor before maturity
-
Sterling commercial paper market - companies issue debt securities carrying interest with maturities up to 1 year (commercial paper) or 1 to 5 years (medium term notes).
-
Finance house market - finance houses (eg hire purchase finance companies) raise short term loans from the money markets
-
Interbank market - short-term lending between banks principally at LIBOR which is then used to determine interest rates for wholesale lending to large borrowers.
The government bond market and the London Stock Exchange are examples of capital markets used to raise medium and long term lending.