Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Does the minimum bid size of $1 billion apply to the money fund or the fund family?

April 26, 2017bid family fund minimum money size

0

Posted

Does the minimum bid size of $1 billion apply to the money fund or the fund family?

1 Answer

0

Posted

The minimum bid size applies to the RRP counterparty, which is the money market fund itself. See Section I(F) in the RRP Eligibility Criteria for Money Funds.