In the current environment the management of short-term liquidity needs to be given the greatest attention.
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The outbreak of COVID-19 has caused a global market crisis on a scale our generation has never experienced before. Drastic times call for drastic measures, and these are exactly what central banks and governments around the world are taking. The fiscal and monetary policy response to the current crisis is unprecedented.
Given the uncertainty about how long this will last, and given the actual impact of COVID-19, some concerns have now arisen with regard to banks. Rating agencies have given almost the entire banking system a "negative outlook" and have even begun to downgrade them.
In such an environment, the management of short-term liquidity also needs to be given the greatest attention. With our money market funds, we can draw on many years of experience in this area. This is especially true in times of crisis.
The table provides you with the current yield of our money market solutions. We will inform you about the yield developments on a weekly basis until further notice.
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