Fitch Ratings Assigns AAA/VR1+ Ratings to BlackRock Liquidity Funds. Fitch's highest ratings were assigned to six BlackRock Liquidity (money market) Funds: TempFund, FedFund, T-Fund, FedTrust, Treasury Trust, and MuniFund. The release says, "The assigned ratings denote the lowest expectation of credit and market risks, and that each portfolio's capacity to meet its objectives is highly unlikely to be adversely affected by foreseeable events.... First launched in October 1973, TempFund is the oldest operating institutional money market fund that seeks to maintain a stable $1.00 net asset value. Most of the BlackRock Liquidity funds now hold all three AAA ratings; FedFund, TempFund, T-Fund and TreasTrust and MuniFund had already carried both Moody's and S&P AAA labels. Separately, we'd missed a prior August 31 Fitch release entitled "All European Enhanced Cash Funds Are Not Equal.

Email This Article




Use a comma or a semicolon to separate

captcha image

Money Market News Archive

2024 2023 2022
March December December
February November November
January October October
September September
August August
July July
June June
May May
April April
March March
February February
January January
2021 2020 2019
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2018 2017 2016
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2015 2014 2013
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2012 2011 2010
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2009 2008 2007
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2006
December
November
October
September