Moody'​s International Structured Finance Report: "​Extendible Notes and Money Market Funds" says the European market for extendible notes is "​still in its infancy".

The Freeport News, Grand Bahamas First Newspaper, writes on "​Parking Extra Cash" and suggest bank CDs, money market funds (​which " offer a higher rate than the savings and or CDs"), and bonds or bonds funds as alternatives for Bahamians.

Investment Company Institute President Paul Schott Stevens Spoke at ICI'​s Mutual Funds and Investment Management Conference in Palm Desert Monday. He called for "​Reform of Mutual Fund Disclosure" and proposed a "​Quick-​Start" Guide for Funds.

Bloomberg Writes: "​CDOs May Face Severe Ratings Cuts on Subprime, Moody'​s Says". Alas, the real damage may not be done yet.

The Boston Globe Writes About Online Banks Offering Checking Accounts, citing E-​Trade'​s new 3.​25% checking (​need $​50K in assets) and ING Direct'​s new Electric Orange 4.​0% checking programs.

Dominion Bond Ratings Service has changed its name to DBRS and has launched a new website at www.​dbrs.​com. The private Canadian company rates, bonds, commercial paper, securitization and structured finance issues.

Schwab Short-​Term Bond and YieldPlus Win Lipper Fund Awards says a Schwab press release. "Schwab YieldPlus Fund, which has over $​12 billion in assets and is the largest in its category, seeks higher yield than a money-​market fund," says the release.

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Morgan Stanley says $​16 billion is in client "​sweep" assets in its latest earnings report, which says it earned "​higher net interest revenue" from sweeps.

Businessweek.​com (​via AP) reports that The Reserve will provide the back-​end to A.​G. Edwards insured brokerage sweep program in last night'​s, "​The Reserve in deal with A.​G. Edwards" news brief.

Financial Week writes "​No End in Sight for Money Fund Growth" and lists several "​Top 10" rankings tables from Crane Data'​s Money Fund Intelligence.

"​Money markets catch cash flow" says New York Daily News, citing increases in money funds following late February'​s market drop.

Moody'​s "​Lessons from recent liquidity squeeze affecting China money market funds" examines the rapidly shrinking 112 billion RMB (​yuan) Chinese money fund sector.

Lending Tree has added high yield savings accounts to its menu of marketplaces says a PR Web press release "​Learn More About High-​Yield Savings Accounts" .

ICI'​s latest asset figures show money funds declined $​8.​4 billion to $​2.​42 trillion the week ended March 14. A corporate tax date (​15th) and Treasury settlements pulled cash from institutional money funds.

"​For safety, cash rules, but only in short term," says Reuters. The article talks about investors fleeing to safety, saying "​the most attractive instruments appear to be cash and money market instruments."

"​We saw extremely heavy inflows," said Timothy Huyck, a portfolio manager at Fidelity Investments, in an Associated Press story on the market selloff two weeks ago.

We found a link to this new website, www.​newfinancedeals.​com when visiting one of our favorites, www.​bankaholic.​com.

"​Fund Investors Dump Stock after pullback" writes MarketWatch citing Banc of America strategist `​Thomas McManus' commentary on fund flows.

The Institute for International Research (​IIR) hosts the biggest conference focusing on money markets and money funds, Money Market Expo (​MMX), March 20-​22, in Orlando, Fla.

Bloomberg.​com writes "​Lehman Cuts Prime Mortgage Lenders on Default Risks".

The Hindu Business Line gives a review of recent Indian budget proposals which include plans to withhold tax on money market funds at a 25% rate, removing money funds advantage over Indian banks.

The Texas Treasury Management Association will host TEXPO 2007 conference in Dallas, March 26-​27, 2007. Many institutional money funds will be exhibiting.

Deutsche Bank has re-​launched its DWS Scudder funds website at www.​dws-​scudder.​com. Click here for the money fund page.

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