Fixed term fund: Difference between revisions
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imported>Doug Williamson (Create page. Source: ACT blog https://www.treasurers.org/hub/blog/ITW-round-up-day-2 and Finextra press release https://www.finextra.com/pressarticle/79131/treasuryspring-ships-fixed-term-fund-ftf-platform) |
imported>Doug Williamson (Add link.) |
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== See also == | == See also == | ||
*[[Counterparty]] | *[[Counterparty]] | ||
*[[Fund]] | |||
*[[Investment grade]] | *[[Investment grade]] | ||
*[[Money market fund]] | *[[Money market fund]] | ||
*[[Reverse repo]] | *[[Reverse repo]] | ||
*[[Term | *[[Term]] | ||
*[[Term deposits]] | |||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
Latest revision as of 21:35, 10 July 2022
(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.
