MMDA: Understanding Money Market Demand Accounts

Money Market Fund Yields 2025 Review in Kenya

Money Market Funds (MMFs) remain a cornerstone of low-risk, high-liquidity investments in Kenya, offering investors stable returns amidst fluctuating economic conditions. As of April 2025, the latest data reveals the annual yield rates for MMFs across the country, showcasing a range of returns for investors seeking to grow their savings. The following is a detailed […] Source

MMDA: Understanding Money Market Demand Accounts

Highlights A hybrid savings account offering higher interest rates Combines features of checking and savings accounts Typically comes with limited monthly withdrawals A Money Market Demand Account (MMDA), also known as a Money Market Deposit Account, is a type of interest-bearing account offered by banks and credit unions. It is designed to combine the benefits of both savings and checking accounts while providing better interest rates than sta…