Money markets represent shortterm lending while capital markets allow investors to trade in stocks and bonds. The document discusses money markets and capital markets, explaining that money markets deal in short-term financial instruments of up to one year.We are pleased to provide you with the Comprehensive Annual Financial Report (CAFR) of the Pima County. If you do not know the name of the judicial officer assigned to your case, call Case Management Services at . 4. The document provides information about money markets and capital markets. It defines the money market as dealing in short term loans of up to 365 days. CMR serves as a benchmark for monetary policy operations. Eg- if the interest rate is high, RBI will buy securities.