Central banks, regs helped European MMFs absorb Covid-19 shock

Europe
On the 07.28.20 at 3:23PM

by

Adrien Paredes-Vanheule

In March 2020, European money market funds faced the most intense stress episode since the 2008 global financial crisis.

At the peak of the Covid-19 market turmoil, European money market funds suffered a net €45.6bn outflows, ratings agency Moody’s estimates.

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