Institutional Money Market Funds Association and Revolving borrowing facility: Difference between pages

Latest revision as of 12:52, 6 July 2022

Any facility which permits the borrower to draw down and repay amounts at the borrower's discretion for a specified period of time.

The flexibility for the borrower is subject to the terms of the facility.

Examples of revolving borrowing facilities include overdrafts and revolving credit facilities.

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-(IMMFA).
+Any facility which permits the borrower to draw down and repay amounts at the borrower's discretion for a specified period of time.
-The trade association representing AAA-rated constant net asset value (CNAV) money market funds domiciled in Europe.
-Its members currently have funds domiciled in Dublin, Luxembourg and the Channel Islands.
+The flexibility for the borrower is subject to the terms of the facility.
+Examples of revolving borrowing facilities include overdrafts and revolving credit facilities.
 == See also ==
-* [[AAA]]
+* [[Facility]]
-* [[Money market]]
+* [[Overdraft]]
-* [[Constant net asset value]]
+* [[Revolving credit facility]]
-* [[EMMI]]
-* [[Money market fund reform: a light at the end of the tunnel?]]
+[[Category:Long_term_funding]]
+[[Category:Cash_management]]
+[[Category:Financial_products_and_markets]]
+[[Category:Liquidity_management]]