Geldmarktnah
English translation: near money market
| GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||
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| 13:53 Apr 15, 2003 |
| German to English translations [Non-PRO] Bus/Financial | ||||
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|  Selected response from: Alison Schwitzgebel France Local time: 02:50 | |||
Grading comment
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| Summary of answers provided | ||||
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| 4 +6 | near-money market |
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| 4 +1 | money market-related |
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| 4 +1 | financial market related |
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| 3 | instruments eligible for the money market |
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Answers
3 mins confidence: 
peer agreement (net): +1
peer agreement (net): +1money market-related Explanation: This is what I see -------------------------------------------------- Note added at 2003-04-15 14:09:54 (GMT) -------------------------------------------------- If you have $5000 or more to invest and want to earn higher interest rates without locking your money away, then a Cash Management Account is the answer. Paying high yields of money market related interest rates, the Cash Management Account maximises your return, while providing easy access to your funds when you need them. http://www.homedirect.com.au/investment/investment.cfm |
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6 mins confidence:
instruments eligible for the money market Explanation: I'm not sure about this one but there is a term in Schaeffers that might be suitable: geldmarktfähige Papiere npl (Fin) paper eligible for the money market Personally, I don't like "paper", which I'd replace by instruments or securities (in your example, it looks they only invest in bonds, but that might be a little too specific) |
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15 mins confidence: peer agreement (net): +6
peer agreement (net): +6near-money market Explanation: Zahn has near-money market funds for "geldmarktnaher Fonds". Let me get you another source. Back in a mo.... Alison -------------------------------------------------- Note added at 2003-04-15 14:09:23 (GMT) -------------------------------------------------- \"A near money market fund - Money market funds by charter must own ONLY short term investment grade commercial paper, government, and government backed debt with maturities of less than 90 days. But if you take just a little more risk, say maturities of over 90 days, you can often tack on .25% or more in yield. Technically an ultra short-term bond fund - think of it as an ultra, ultra short-term bond fund. SSgA Yield Plus is an example.\" http://www.maxfunds.com/content/am111102.html -------------------------------------------------- Note added at 2003-04-15 14:10:45 (GMT) -------------------------------------------------- and from the SEC: \"The Formation of the Fund During the fall of 1993, CSFBIMC made plans to create, develop and market an unregistered offshore fund, eventually called the \"CS First Boston Offshore Cash Reserve Fund,\" designed for sophisticated institutional investors. Unlike a traditional money market fund subject to Rule 2a-7 under the Investment Company Act of 1940, the original concept of the Fund was to be an offshore, **near money market fund** with an enhanced yield, which would be obtained by investing in instruments with a longer weighted average maturity than the 90-day weighted average maturity required for Rule 2a-7 money market funds. CSFBIMC’s internal plan was to have the Fund’s securities portfolio consist of approximately 70% money market instruments and 30% securities with an average duration of approximately two years, with most of the longer-term portion of the portfolio invested in structured rate notes (\"SRNs\"), 3 which can be, and in this case were, volatile derivative securities. \" http://www.sec.gov/litigation/admin/33-7619.htm |
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