Question
1. Are money market fund capital still within the banking system? (explain the floor and ceiling mechanism) (IORB can serve as ceiling(Quite week))(ONRRP is solid
1. Are money market fund capital still within the banking system? (explain the floor and ceiling mechanism) (IORB can serve as ceiling(Quite week))(ONRRP is solid floor)
2. Does the Fed pay interest on Treasury General Account (TGA) balances?
3. Does Fed Pay interest on government sponsored enterprises (GSE) Balances parked with Feds reserve account? Fed does not pay interest on TGA (Treasury general account)
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Financial Management for Public Health and Not for Profit Organizations
Authors: Steven A. Finkler, Thad Calabrese
4th edition
