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Acronymfinder

What does GMMF stand for?

GMMF stands for Government Money Market Fund

This definition appears very rarely and is found in the following Acronym Finder categories:

  • Business, finance, etc.

See other meanings of GMMF

Samples in periodicals archive:

The Working Capital Management Account for IOTA (WCMA) not only operates as a checking account, but also provides the earnings potential of a government money market fund, and will generate additional revenue for IOTA, according to a Merrill Lynch spokesman.
The amendment also allows the use of government money market funds for IOTA funds; however, only money market funds that are registered with the Securities and Exchange Commission, and are comprised solely of United States government securities, are permitted for use in the IOTA program.
Eligible, institutions can meet the interest rate and dividend requirement through checking accounts, short-term government money market funds with checking account features, or by sweeping excess funds overnight into a REPO or short-term government money market fund, if such options are available to non-IOTA account customers.