What is MMD rate lock?Īn MMD Rate Lock permits a Fund to lock in a specified municipal interest rate for a portion of its portfolio to preserve a return on a particular investment or a portion of its portfolio as a duration management technique or to protect against any increase in the price of securities to be purchased at a later date.

The yield curve of the highest-rated (AAA) municipal bonds as published by Thomson Reuters. MMD municipal bonds are high quality, and MMD allows investors to make more informed decisions by using tools available through the MMD software interface. MMD municipal bonds are categorized by a company called Municipal Market Data that is owned by the financial news reporting agency Thompson Reuters. MikuMikuDance (commonly abbreviated to MMD) is a freeware animation program that lets users animate and create 3D animated movies, originally produced for the Vocaloid character Hatsune Miku. The MMD analyst team determines the inclusion of bonds. A proprietary yield curve Municipal Market Data (MMD) AAA Curve provides the offer-side of AAA-rated state general obligation bonds (GO).

What is mmd