The development of money market in the Euro area or the Euro money market made its inception with very low rates of interest.When we focus on the structure of the Euro Money market we observe that the money market is less concentrated over the past years.The money market segments that are highly condensed are the forward rate agreement, other interest rate agreement and the cross currency swap segments.The Euro money market products are short term deposits, repos, EONIA swaps and FX swaps. There is an increase in the liquidity in these money market instruments that is projected by the thinning in the bid-offer spread.