Public Debt CNAV: Difference between revisions
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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]] | ||
Revision as of 09:12, 7 August 2019
Money market funds.
A constant net asset value (CNAV) per share money market fund, invested in public debt.
Money market fund (MMF) reforms
- "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 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.
