U.S. money mkt fund assets lose $13.1 bln-iMoneyNet

Wed Nov 11, 2009 7:45pm GMT
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 NEW YORK, Nov 11 (Reuters) - U.S. money market fund assets
fell by $13.1 billion to $3.3 trillion in the week ended Nov.
10, the Money Fund Report said on Wednesday.
 Taxable money market fund assets lost $12.48 billion to
$2.89 trillion, while tax-free assets fell $649.8 million to
settle at $411.6 billion, according to the report, published by
iMoneyNet.
 Yields on taxable money market funds remained at an
all-time low of 0.04 percent for the third consecutive week,
while tax-free and municipal fund yields slipped 1 basis point
to a fresh record low of 0.04 percent.
 (Reporting by Camille Drummond)

 
 
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