TITLE

Tax Free Assets Grow by $4.2B, Reach $354B

AUTHOR(S)
Johnson, Matthew
PUB. DATE
April 2006
SOURCE
Bond Buyer;4/17/2006, Vol. 356 Issue 32361, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the U.S. tax-free money market fund assets for the current week grew by 4.22 billion, bringing total assets in the funds up to 354.13 billion. The gain were due to a 2.6 billion net inflow into retail funds and a 1.6 billion asset increase for institutional funds. Taxable fund returns rose three basis points to 4.17 percent, which followed a six basis point increase as compared to the earlier week.
ACCESSION #
20726849

 

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