Goldman Sachs Group Inc. joined BlackRock Inc. in reopeningeuro-denominated money-market funds to new clients as yields on thesafest debt rose.

BlackRock, the world's biggest money manager, lifted arestriction on new investment in its 17.7 billion-euro ($24billion) Institutional Euro Liquidity Fund this month, MarkStockley, the firm's head of international cash sales, said in aninterview in London on Feb. 14. Goldman reopened its EuroGovernment Liquid Reserves fund to new subscriptions last week,spokeswoman Anisha Patel said by phone.

BlackRock placed restrictions on investors putting money intotwo euro-denominated funds in July, while Goldman shut itsgovernment fund, after the European Central Bank cut its depositrate to nil and yields on the safest government debt tumbled. Theyield on German three-month notes rose above zero percent lastmonth for the first time since May as ECB policy makers left ratesunchanged.

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