Geldmarkt

money market

noun GELT-markt Rare

Usage Note

Geldmarkt is the market for short-term borrowing and lending (up to one year) — interbank loans, treasury bills, commercial paper. Geldmarktfonds (money market funds) invest in these instruments. Central banks set key Geldmarktzinsen (money market rates).

Examples

"Die EZB intervenierte am Geldmarkt, um die Zinsen zu stabilisieren."

Natural Translation

The ECB intervened in the money market to stabilise interest rates.

Literal Translation

The ECB intervened on the money-market in order to stabilise the interest-rates.

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