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BFI Advisor Rates For New Clients Only Effective Date: August 05, 2015 www.bofiadvisor.comSelect Money Market1,3Select CheckingSelect Savings 1Business AccountsSelect CD and Business CDBALANCERATEAPY×0
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What is select money market?
Select money market is a type of market where financial institutions can borrow and lend money for short periods of time, usually less than one year.
Who is required to file select money market?
Financial institutions such as banks, credit unions, and other financial entities are required to file select money market reports.
How to fill out select money market?
Select money market reports are typically filled out electronically through a designated reporting system provided by regulatory authorities.
What is the purpose of select money market?
The purpose of select money market reports is to provide transparency and oversight of short-term borrowing and lending activities in the financial markets.
What information must be reported on select money market?
Information such as the amount borrowed or lent, interest rates, maturity dates, and counterparty details must be reported on select money market reports.
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