Liquidity gate: Difference between revisions
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imported>Doug Williamson (Create page - sources - Redemption gate page - ACT Knowledge Hub - Liquidity buffers - https://hub.treasurers.org/regulators-review-of-money-market-fund-regulation/) |
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Revision as of 19:22, 9 July 2022
Money market funds.
A closed period which can be imposed by the board of a money market fund under times of market stress, in order to reduce the risk of a run on the fund.
No redemptions would be allowed during the period of the liquidity gate.
Also known as a redemption gate.