The fund will invest in a diversified portfolio of money market instruments, as defined by SEBI and RBI from time to time, with residual maturity of up to one year
In a newly designed structure, State Street acts on behalf of its clients to facilitate the direct clearing and settlement of reverse repo transactions using a CCP framework via Eurex Clearing
The platform experienced increased activity due to year-end funding dynamics, the Federal Open Market Committee decision to lower rates, and increased US Treasury issuance