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It would be the Goverment

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Q: Who largest borrower in the money markets?
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What is the name given to someone who borrows money?

The lender loans money to the borrower.The borrower takes the loan out with the lender.The borrower is then in debt (owes money) to the lender and the lender is in credit with the borrower and will want the borrower to pay him/her back.


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What do you call someone you owe money?

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Why capital markets are more developed in Kenya than money markets?

Central Bank has facilitated the development of these markets by providing a conducive atmosphere for setting up financial institutions which avail long finance on long term basis such as building societies and Mortgauge houses. Longterm finances available in the capital markets are relatively cheaper. There is less misuse of funds from capital markets as they are available in form of fixed assets Easy access as goodwill of the borrower may not be neccessary and securities may not be needed.


Why banks have not eliminated the need for the money markets.?

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Because - the borrower is 'in debt' to the lender until the borrower either returns the object (or money) borrowed.