CCM Debt Securities Practice Questions - SEC Sri Lanka Certificate In Debt Securities (CCM) Exam

Money market instruments represent ownership in corporations, whereas capital market instruments represent debt obligations. Money market instruments have a maturity of one year or less, whereas capital market instruments have maturities exceeding one year. Money market transactions are regulated by the Securities and Exchange Commission (SEC), whereas capital markets are regulated by the Central Bank of Sri Lanka (CBSL). Money market instruments carry higher default risk and interest rate risk than capital market instruments.