The French Financial Markets Authority published updated indicators on the French money market fund market, covering the nine quarters from June 30, 2024, to June 30, 2026, alongside more recent assets under management trends. The indicators track market size, asset maturity and interest rate sensitivity, regulatory liquidity buffers, performance and portfolio allocation by issuer type. The analysis distinguishes short term from standard money market funds and presents distributions and net asset weighted market averages for weighted average life, weighted average maturity, liquidity and three month returns. It also tracks the market’s concentration among major managers and portfolio exposure to financial, nonfinancial and sovereign issuers. Almost all French money market funds use variable net asset value, while only two low volatility net asset value funds operate in France and no public debt constant net asset value funds are domiciled there. The indicators draw mainly on quarterly regulatory reports required under the EU Money Market Funds Regulation, supplemented by the authority’s ROSA database. Daily and weekly liquidity buffers are assessed against regulatory minimums of 7.5% and 15%, respectively. The authority cautioned that the statistics rely on data submitted by management companies and therefore cannot be guaranteed as accurate.

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