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“Commercial paper, in fact, formed the majority of its cash and cash equivalents category, with a 65% share. Fiduciary deposits formed 24% of the category, reve
by carlsborg 5y ago
“Commercial paper, in fact, formed the majority of its cash and cash equivalents category, with a 65% share. Fiduciary deposits formed 24% of the category, reverse repo notes 3.60%, treasury bills about 3%, and actual cash only 3.87%.“
Can someone who knows money market funds comment on who the commercial paper counterparties could be?
- nknealk 5y agoMost money market funds are required to publish their holdings. For example, here's a Schwab money market fund's holdings: http://hosted.rightprospectus.com/SF/MMD/Fund.aspx?cu=808515605 http://hosted.rightprospectus.com/SF/MMD/Fund.aspx?cu=808515... You can see every counterparty for the fund clearly listed and the dollar amount/date of maturity. Surely an above board holdings vehicle like Tether would publish similar disclosures right?
- carlsborg 5y agoInteresting link thanks