The major function of money market is to

The major function of the money market is to provide funds for short-term financing. In other words, it is a financial market where short-term obligations such as government bonds, certificates of deposit, and commercial paper are bought and sold. The money market is designed to provide a safe and secure place for individuals, businesses, and governments to invest their money for a short period of time, typically one year or less. The primary goal of the money market is to ensure the availability of short-term funds for those who need them, and to provide a low-risk investment option for those who have short-term funds to invest.