Same Day Funds

(redirected from Same-Day Fund)

Same Day Funds

1. Funds in a financial institution that may be withdrawn or otherwise used on the same day they are deposited.

2. Fed funds transferred through the Fedwire.

2. See: Same-day funds settlement.
References in periodicals archive ?
Same-day fund injections by a central bank are believed to have greater efficacy in sending messages to financial markets about its resolve to support the economy than the usual practice of funneling funds one or a few days after it announces plans to do so.
The central bank last conducted a same-day fund injection on Dec.
Seeing the market still unsettled, the bank conducted the third same-day fund infusion operation in the afternoon.
The BOJ implemented one of its largest open market operations for a same-day fund supply, as the unsecured overnight call money rate exceeded the central bank's policy target of 0.
TOKYO - The Bank of Japan injected 3 trillion yen into money markets Monday in one of its largest open-market operations for a same-day fund supply.
3 trillion yen into the money market Tuesday via same-day fund supplying operations to relieve upward pressure on the barometer rate.
1 trillion yen into the money market via same-day fund supplying operations to stem a rise in overnight call money rates ahead of its two-day policy-setting board meeting from Tuesday.
This is the first time in about 15 months that the BOJ has conducted same-day fund supplying operations, under which the central bank offers to buy bills from major banks and other financial institutions.
Target expects to make payment for the applicable Notes accepted for purchase in same-day funds on July 16, 2014.
7 billion) in same-day funds after the dollar hit 76.
CBS Corporation expects to make payment for all notes accepted for purchase, including payment of accrued but unpaid interest on the notes, in same-day funds on Wednesday, November 3, 2010.
The central bank provided same-day funds to banks and brokerage houses for the first time in December 2, 2009, a day after it announced that it would inject fresh funding to counter deflation and ease concerns over debt problems in Dubai.