MF assets fall by $5.60bn to $907bn in latest week

India Infoline News Service | Mumbai |

Treasury money market fund assets in the retail category decreased by $1.04 billion to $200.45 billion for the week ended Wednesday, April 23

Total money market fund assets increased by $7.32 billion to $2.58 trillion for the week ended Wednesday, April 23, the Investment Company Institute reported today.
Among taxable money market funds, treasury funds (including agency and repo) increased by $7.68 billion and prime funds increased by $4.42 billion. Tax-exempt money market funds decreased by $4.78 billion.
Retail: Assets of retail money market funds decreased by $5.60 billion to $907.28 billion. Treasury money market fund assets in the retail category decreased by $1.04 billion to $200.45 billion, prime money market fund assets decreased by $1.80 billion to $518.22 billion, and tax-exempt fund assets decreased by $2.76 billion to $188.61 billion.
Institutional: Assets of institutional money market funds increased by $12.92 billion to $1.68 trillion. Among institutional funds, treasury money market fund assets increased by $8.72 billion to $702.14 billion, prime money market fund assets increased by $6.21 billion to $903.84 billion, and tax-exempt fund assets decreased by $2.01 billion to $71.05 billion.
 
ICI reports money market fund assets to the Federal Reserve each week. 


 

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