At the time money market investors were not able to access liquidity from their investments in financial instruments before maturity. With the licensing of Continental Discount House then, now CDHIB, a platform was created for a secondary market in financial instruments to develop.
The institution, as we were shown today through the displays, not only traded government financial instruments, but also originated other financial instruments such as commercial paper, negotiable promissory notes, corporate medium term notes and bonds. It is pleasing to note the amount of work that the institution performed in the capital market.