La Mesa NEWS - ECB drains 104 bln euros from overnight money market - Forbes La Mesa NEWS - ECB drains 104 bln euros from overnight money market - Forbes

Tuesday, April 7, 2009

La Mesa NEWS - ECB drains 104 bln euros from overnight money market - Forbes

ECB drains 104 bln euros from overnight money market - Forbes

ECB drains 104 bln euros from overnight money market
Forbes, NY
FRANKFURT, April 7 (Reuters) - The European Central Bank drained 104 billion euros ($141 billion) from overnight money markets on Tuesday, paying banks that deposited cash an average rate of interest of 1.12 percent. In total, 114 banks bid to deposit ...

Source: news.google.com

MONEY MARKETS-Libor lower but some spreads hint at strains - Reuters

MONEY MARKETS-Libor lower but some spreads hint at strains
Reuters
By Ellen Freilich and Jamie McGeever NEW YORK, April 7 (Reuters) - Interbank money markets gave mixed signals on Tuesday on bank funding, as the nominal cost of bank-to-bank borrowing fell again, but some closely watched premiums for those funds over ...

Source: news.google.com

SEC'​s Donohue Floats $​10, Floating NAV for Money Market Funds - Crane Data LLC

SEC'​s Donohue Floats $​10, Floating NAV for Money Market Funds
Crane Data LLC, MA
Late last week, Andrew "​Buddy" Donohue Director of the Division of Investment Management of the U.​S. Securities and Exchange Commission, the main regulator of money market funds, gave the Keynote Address at the Practising Law Institute'​s Investment ...

Source: news.google.com

Market Maker Surveillance Report. Highest Net Sell Volume and ... - TMCnet

Market Maker Surveillance Report. Highest Net Sell Volume and ...
TMCnet
It also offers global investment management in equities, fixed income, real estate, hedge funds, private equity, and liquidity, including money market instruments and bank deposits; provides trust and estate, banking, and brokerage services; ...
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Source: news.google.com

Test your financial IQ - GoErie.com

Test your financial IQ
GoErie.com, PA
5What's the difference between a money-market account and a money-market fund? B. One offers interest gains, the other does not. C. One is offered by a bank and is insured by FDIC, the other is not. 7True or false: Of the three credit reporting ...

Source: news.google.com

ECB to drain cash from overnight money markets - Forbes

ECB to drain cash from overnight money markets
Forbes, NY
FRANKFURT, April 7 (Reuters) - The European Central Bank said on Tuesday it was to drain excess cash from overnight money markets, offering banks a variable rate of interest up to a maximum of 1.5 percent. It did not say how much it planned to drain in ...

Source: news.google.com

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