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Standard and Poor'​s announced a change to its Principal Stability (​money fund) ratings, allowing exclusion of Federally guaranteed student loans from S&​P'​s "​illiquid basket" criteria. The company says all extendible asset-​backed CP (​XABCP) should be "​illiquid" unless a list of criteria is met. Money Fund Intelligence, which lists AAA ratings, says triple-​A'​s account for almost 40% of all money fund assets.

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