Assets of US retail money market funds rise to $896bn

India Infoline News Service | Mumbai |

Assets of institutional money market funds decreased by $5.03 billion to $1.67 trillion for the week ended Wednesday, July 23

Total money market fund assets decreased by $2.18 billion to $2.56 trillion for the week ended Wednesday, July 23, the Investment Company Institute reported today.
Among taxable money market funds, Treasury funds (including agency and repo) increased by $1.54 billion and prime funds decreased by $2.77 billion. Tax-exempt money market funds decreased by $950 million.
Retail: Assets of retail money market funds increased by $2.84 billion to $896.27 billion. Among retail funds, Treasury money market fund assets increased by $2.44 billion to $200.09 billion, prime money market fund assets increased by $530 million to $510.18 billion, and tax-exempt fund assets decreased by $140 million to $186.00 billion.
Institutional: Assets of institutional money market funds decreased by $5.03 billion to $1.67 trillion. Among institutional funds, Treasury money market fund assets decreased by $910 million to $706.94 billion, prime money market fund assets decreased by $3.31 billion to $888.67 billion, and tax-exempt fund assets decreased by $810 million to $71.18 billion.
 

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.