Answer:
(c) Money market
Explanation:
Collateral Borrowing and Lending Obligations (CBLO) are instruments used in the money market. CBLOs are short-term instruments that allow entities to borrow and lend money against collateral, typically government securities. They are used for managing liquidity and short-term funding requirements. The CBLO market provides a platform for secured borrowing and lending, enhancing liquidity management for participants.
