Redemption gate: Difference between revisions
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No redemptions would be allowed during the period of the redemption gate. | No redemptions would be allowed during the period of the redemption gate. | ||
Also known as a ''liquidity gate.'' | |||
Revision as of 19:08, 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 redemption gate.
Also known as a liquidity gate.
