Fitch Affirms TMBMF and TMBTM at #AAAmmf(tha)#; Withdraws Ratings

Stocks and Financial Services Press Releases Friday May 18, 2018 16:19
Bangkok--18 May--Fitch Ratings

Fitch Ratings (Thailand) has affirmed the 'AAAmmf(tha)' National Scale Money Market Fund Ratings on TMB Money Fund (TMBMF) and TMB Treasury Money Fund (TMBTM). TMB Asset Management Company Limited manages the two money-market funds.

Simultaneously, Fitch has chosen to withdraw the ratings of TMBMF and TMBTM for commercial reasons. Fitch will no longer provide ratings or analytical coverage for the funds.
KEY RATING DRIVERS
The affirmation reflects the stability of both funds' credit, market and liquidity profiles, based on surveillance data provided to the agency covering the period up to April 2018.
RATING SENSITIVITIES
Not applicable as the ratings have been withdrawn.

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