+Article 29 3.

Article 29 3.

When using mark- to-market:

(a) 

the asset of an MMF shall be valued at the more prudent side of bid and offer unless the asset can be closed out at mid-market;

(b) 

only good quality market data shall be used; such data shall be assessed on the basis of all of the following factors:

(i) 

the number and quality of the counterparties;

(ii) 

the volume and turnover in the market of the asset of the MMF;

(iii) 

the issue size and the portion of the issue that the MMF plans to buy or sell.

1. Vue d’ensemble

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1.1 Références

1.2 Exigences identifiées

1.3 Normes associées

2. Exigences identifiées

Exigences

3. Normes associées

Normes