BNP Paribas AM launches a new monetary fund
14 APR, 2026
By Joanna Piwko from RankiaPro Europe
BNP Paribas Asset Management has announced today the launch of the BNP Paribas InstiCash EUR Government CNAV SICAV, a new AAA-rated money market fund aimed at capital preservation and offering a low volatility solution for treasury management.
The portfolio, backed by sovereign issuers, seeks to provide structural solidity, positioning itself as an option for investors who prioritize capital preservation in their daily cash management. The vehicle's goal is to provide a return in euros in line with the prevailing one-day money market rates, maintaining a high degree of diversification.
Structure, investment policy and liquidity
It is a constant net asset value (CNAV) public debt money market fund that invests at least 99.5% of its assets in public debt instruments.
The product pursues a minimum net asset value volatility and offers a stable net asset value of 1.00 euro and a variable net asset value, high daily and weekly liquidity reserves, and an amortized cost valuation method.
The launch of the BNP Paribas InstiCash EUR Government CNAV represents a significant contribution to our range of liquidity solutions, which already amounts to 170,000 million euros. It is a solution that combines active management of rates and credit duration. Investors continue to show great interest in high-quality, low-risk solutions for daily treasury management, both for companies and investment or financial vehicles. The BNP Paribas InstiCash EUR Government CNAV can offer refuge to those investors seeking to preserve capital and maintain liquidity.
Sol Hurtado de Mendoza, General Manager of BNP Paribas AM for Spain and Portugal
