The press release, "​Fitch Comments on Shift Away from MTM Pricing for Money Market Funds", was posted Thursday, saying, "Temporary changes in mark-​to-​market (​MtoM) pricing procedures, resulting from the extreme market dislocations and illiquidity, may alleviate net asset value (​NAV) pressures facing money market funds but do not entirely mitigate potential asset illiquidity or redemption risk, according to Fitch Ratings." Also, see "​Fitch Expects to Rate 5 Money Market Investor Funding Facility Related ABCP Programs '​F1'". The release says, "Fitch Ratings expects to assign an '​F1' rating to each of five asset-​backed commercial paper (​ABCP) programs that have been created in conjunction with the recently announced Money Market Investor Funding Facility (​MMIFF)." The programs and approximate sizes are: `​Hadrian Funding Co., LLC ($​220 billion); Trajan Funding Co., LLC ($​150 billion); Aurelius Funding Co., LLC ($​135 billion); Antoninus Funding Co., LLC ($​60 billion); and, Nerva Funding Co., LLC ($​35 billion). Finally, see Federated Investors, Inc. Reports Third Quarter 2008 Earnings; Total Managed Assets Increase to Quarter-​End Record $​344 Billion.

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