Industry commentators believe the forthcoming Basel III regulations will encourage banks to lure retail investors out of money market funds and into deposit accounts in order to shore up their capital ratios.
Further, the pressure on banks to migrate to longer-term sources of funding could drastically reduce the volume of short-dated commercial paper they issue, removing one of the most important holdings of money market funds.
Full article (
FT subscription needed)
© Financial Times
Key
Hover over the blue highlighted
text to view the acronym meaning
Hover
over these icons for more information
Comments:
No Comments for this Article