A reference chart comparing certain key characteristics of demand deposits with government securities, money market funds, and other short-term cash management instruments. Please note that the chart is for informational purposes only and not for the purpose of providing legal or investment advice. 

The London Interbank Offered Rate (LIBOR) is expected to be discontinued on December 31, 2021. The end of LIBOR will likely cause widespread disruption in debt capital markets, particularly with respect to debt securities using LIBOR-based interest rates and with no means to substitute an alternate rate.