Money market fund

Published: 03.02.2016 Updated: 18.07.2023

An open-end investment fund meeting the following criteria:
1. the investment management corporation managing the fund shall make investments, preserving the fund's principal and providing a return in line with the interest rate on money market instruments, calculate the fund's net asset value and the price of its units on a daily basis, as well as sell and repurchase its units;
2. its investments shall be made in financial instruments with a residual maturity up to and including 2 years (for a short-term money market fund – up to and including 397 days), and time to the next interest rate reset date – up to and including 397 days);
3. the weighted average maturity of its investment portfolio shall be up to and including 6 months (for a short-term money market fund – up to and including 60 days) and the weighted average residual maturity shall be up to and including 12 months (for a short-term money market fund – up to and including 120 days).

Glossary of statistical concepts

Frequently used statistical concepts and their definitions that are consistent with those of the European Central Bank and the International Monetary Fund.

Information for data user

Information that helps to gain a better understanding of statistical data as well as learn more about Latvijas Banka's planned statistical activities and the prepared statistical data by familiarising oneself with the statistical programmes.

Information for users of statistics

Information that contributes to a better understanding of the statistical data as well as to learning more about Latvijas Banka's planned statistical activities and the prepared statistics by familiarising oneself with the statistical programmes.