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Barclays Global Investors Cayman Prime Money Market Fund, Ltd. Rated 'AAAm' Jul 04
Standard & Poors, July 2004
Abstract
NEW YORK (Standard & Poor's) July 6, 2004--Standard & Poor's Financial Services said today that it had assigned its 'AAAm' money market rating to the Barclays Global Investors Cayman Prime Money Market Fund, Ltd. (Cayman PMMF). The Cayman PMMF is registered with the Cayman Islands Monetary Authority pursuant to Section 4(3) of the Mutual Funds Law and is only available to non-U.S. investors. The rating is the highest assigned by Standard & Poor's to money market funds and is based on Standard & Poor's analysis of the fund's credit quality, market price exposure, and management. Launched on Oct. 1, 2003, the Cayman PMMF's investment objective is to provide as high a level of current income as is consistent with preservation...
Companies mentioned in this report are: Barclays Bank PLC
Action: New Rating
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
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