Public Debt CNAV - Revision history

imported>Doug Williamson: Add link.

2022-07-07T21:12:25Z

Add link.

← Older revision		Revision as of 21:12, 7 July 2022
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	* [[Net asset value]]		* [[Net asset value]]
	* [[Prime]]		* [[Prime]]
			* [[Public]]
	* [[Public debt]]		* [[Public debt]]
	* [[Reverse repo]]		* [[Reverse repo]]

imported>Doug Williamson: Replace out of date quote.

2020-02-26T11:02:33Z

Replace out of date quote.

← Older revision		Revision as of 11:02, 26 February 2020
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	~~<span style="color:#4B0082">'''''~~Money ~~market fund~~ (MMF) reforms~~'''''</span>~~		Money Market Fund (MMF) reforms in 2019 replaced [prime] constant net asset value (CNAV) funds with two new categories:

	~~:"Full implementation of MMF reforms won't take place until February~~ 2019~~, but treasurers need to start preparing for the replacement of~~ [prime] constant net asset value (CNAV) funds with two new categories:

	: - the Public Debt CNAV fund, and		: - the Public Debt CNAV fund, and

	: - the low-volatility NAV (LNAV) fund.		: - the low-volatility NAV (LNAV) fund.


	~~:According to research from rating agency Moody's, LVNAV MMFs are likely to attract most of the funds currently invested in prime CNAV MMFs."~~

	~~:''The Treasurer magazine, June 2018, p21 - Sarah Rundell, freelance journalist specialising in treasury and investment issues.''~~

imported>Doug Williamson: Expand definition. Source: IMMFA https://www.immfa.org/assets/files/EU%20MMF%20reform-IMMFA%20investor%20pamphlet%20May%202018.pdf

2019-08-07T11:01:53Z

Expand definition. Source: IMMFA https://www.immfa.org/assets/files/EU%20MMF%20reform-IMMFA%20investor%20pamphlet%20May%202018.pdf

← Older revision		Revision as of 11:01, 7 August 2019
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	''Money market funds''.		''Money market funds''.

	A constant net asset value (CNAV) per share money market fund, invested in public debt.		A constant net asset value (CNAV) per share money market fund, substantially invested in public debt.

			At least 99.5% of the portfolio must be invested in public debt securities, reverse repo secured with government securities, and cash.


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	* [[Net asset value]]		* [[Net asset value]]
	* [[Prime]]		* [[Prime]]
			* [[Public debt]]
			* [[Reverse repo]]
			* [[Security]]
	* [[Variable net asset value]]		* [[Variable net asset value]]
	* [[Volatility]]		* [[Volatility]]

imported>Doug Williamson: Add link.

2019-08-07T09:12:58Z

Add link.

← Older revision		Revision as of 09:12, 7 August 2019
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	* [[Low-volatility NAV]]		* [[Low-volatility NAV]]
	* [[Money market fund]]		* [[Money market fund]]
			* [[Money Market Funds Regulation]]
	* [[Money market fund reform: a light at the end of the tunnel?]]		* [[Money market fund reform: a light at the end of the tunnel?]]
	* [[Net asset value]]		* [[Net asset value]]

imported>Doug Williamson: Expand quote.

2019-08-07T07:28:19Z

Expand quote.

← Older revision		Revision as of 07:28, 7 August 2019
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	<span style="color:#4B0082">'''''Money market fund (MMF) reforms'''''</span>		<span style="color:#4B0082">'''''Money market fund (MMF) reforms'''''</span>

	:"Full implementation of MMF reforms won't take place until February 2019, but treasurers need to start preparing for the replacement of constant net asset value (CNAV) funds with two new categories:		:"Full implementation of MMF reforms won't take place until February 2019, but treasurers need to start preparing for the replacement of [prime] constant net asset value (CNAV) funds with two new categories:

	: - the Public Debt CNAV fund, and		: - the Public Debt CNAV fund, and

imported>Doug Williamson: Categorise.

2018-07-11T09:48:04Z

Categorise.

← Older revision		Revision as of 09:48, 11 July 2018
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	* [[Variable net asset value]]		* [[Variable net asset value]]
	* [[Volatility]]		* [[Volatility]]

			[[Category:Cash_management]]
			[[Category:Liquidity_management]]

imported>Doug Williamson: Add link to Low-volatility NAV page.

2018-07-09T15:57:21Z

Add link to Low-volatility NAV page.

← Older revision		Revision as of 15:57, 9 July 2018
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	* [[Amortised cost]]		* [[Amortised cost]]
	* [[Constant net asset value]]		* [[Constant net asset value]]
			* [[Low-volatility NAV]]
	* [[Money market fund]]		* [[Money market fund]]
	* [[Money market fund reform: a light at the end of the tunnel?]]		* [[Money market fund reform: a light at the end of the tunnel?]]

imported>Doug Williamson: Create page. Source: The Treasurer, June 2018, p21.

2018-07-09T15:55:47Z

Create page. Source: The Treasurer, June 2018, p21.

New page

''Money market funds''.

A constant net asset value (CNAV) per share money market fund, invested in public debt.

<span style="color:#4B0082">'''''Money market fund (MMF) reforms'''''</span>

:"Full implementation of MMF reforms won't take place until February 2019, but treasurers need to start preparing for the replacement of constant net asset value (CNAV) funds with two new categories:

: - the Public Debt CNAV fund, and

: - the low-volatility NAV (LNAV) fund.

:According to research from rating agency Moody's, LVNAV MMFs are likely to attract most of the funds currently invested in prime CNAV MMFs."

:''The Treasurer magazine, June 2018, p21 - Sarah Rundell, freelance journalist specialising in treasury and investment issues.''

== See also ==
* [[Amortised cost]]
* [[Constant net asset value]]
* [[Money market fund]]
* [[Money market fund reform: a light at the end of the tunnel?]]
* [[Net asset value]]
* [[Prime]]
* [[Variable net asset value]]
* [[Volatility]]