pénzpiac
Pénzpiac is the Hungarian term for the money market. It is a segment of the financial market where financial instruments with high liquidity and short maturities are traded. These instruments typically have maturities of one year or less, and often much shorter, such as overnight or a few weeks. The primary purpose of the pénzpiac is to facilitate the short-term borrowing and lending of funds, primarily for institutions and governments.
Key participants in the pénzpiac include banks, corporations, governments, and central banks. Banks use it to
Common instruments traded in the pénzpiac include Treasury bills, commercial paper, certificates of deposit, and repurchase