What is primarily analyzed using the 'MM' function?

The 'MM' function primarily analyzes money markets and short-term borrowing rates. This function on the Bloomberg terminal is designed to provide users with real-time data related to the money market, which includes various instruments such as Treasury bills, repurchase agreements, and other short-term financial products. By accessing the 'MM' function, users can evaluate current interest rates, trends, and the liquidity conditions within money markets, which are essential for managing short-term financing needs, assessing risk, and making informed investment decisions.

In this context, long-term investment strategies and corporate governance practices do not fit the specific focus of the 'MM' function, which is centered on immediate market data rather than longer-term or structural analyses. Moreover, while international market regulations could tangentially relate to money market operations, they are not the primary focus of the 'MM' function itself, which is tailored to the nuances of short-term lending and borrowing.