Fixed term fund

(FTF).

FTFs allow corporates to access government, secured bank (reverse repo) and investment grade corporate exposures, yet operate like term deposits.

Unlike money market funds, FTFs are 100% maturity matched, and each FTF offers exposure to a single counterparty for a fixed term at a fixed rate.

FTFs were launched by TreasurySpring in 2019.

See also

• Counterparty
• Investment grade
• Money market fund
• Reverse repo
• Term
• Term deposits