1. International

  2. News
  3. News

US money mkt MF assets at $2.596 trillion in July 2 week

India Infoline News Service | Mumbai |

Taxable government funds increased by $220mn, taxable non-government funds decreased by $3.42bn, and tax-exempt funds increased by $4.91bn.

Total money market mutual fund assets in the United States increased by $1.71bn to $2.596 trillion for the week ended July 2, the Investment Company Institute reported. Taxable government funds increased by $220mn, taxable non-government funds decreased by $3.42bn, and tax-exempt funds increased by $4.91bn.


Assets of Money Market Mutual Funds

Billions of dollars

  6/19/2013 6/26/2013 7/2/2013 Change
Taxable Government 897.75 903.04 903.26 0.22
  Retail 197.21 198.90 199.37 0.47
  Institutional 700.54 704.14 703.89 -0.25
Taxable Non-Government 1,426.11 1,429.68 1,426.26 -3.42
  Retail 529.95 533.69 535.84 2.15
  Institutional 896.17 895.99 890.42 -5.57
Tax-Exempt 262.89 261.71 266.62 4.91
  Retail 191.93 191.26 193.57 2.30
  Institutional 70.95 70.45 73.06 2.61
Total 2,586.75 2,594.43 2,596.15 1.71
  Retail 919.09 923.85 928.78 4.92
  Institutional 1,667.66 1,670.58 1,667.37 -3.21

Retail: Assets of retail money market funds increased by $4.92bn to $928.78bn. Taxable government money market fund assets in the retail category increased by $470 million to $199.37bn, taxable non-government money market fund assets increased by $2.15bn to $535.84bn, and tax-exempt fund assets increased by $2.30bn to $193.57bn.


Institutional: Assets of institutional money market funds decreased by $3.21bn to $1.667 trillion. Among institutional funds, taxable government money market fund assets decreased by $250 million to $703.89bn, taxable non-government money market fund assets decreased by $5.57bn to $890.42bn, and tax-exempt fund assets increased by $2.61bn to $73.06bn.

 

Advertisements

  • Save upto Rs.2.67 lakh with Pradhan Mantri Awas Yojana ...Know more
  • Now Save Rs.3150 on your Demat Account ...Click here
  • Now get IIFL Personal Loan in just 8* hours...APPLY NOW!
  • Get the most detailed result analysis on the web - Real Fast!
  • Actionable & Award-Winning Research on 500 Listed Indian Companies.