TITLE

Tax-Free Yield Rises to 2.96% in Week

AUTHOR(S)
Fine, Jacob
PUB. DATE
July 2006
SOURCE
Bond Buyer;7/28/2006, Vol. 357 Issue 32433, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the growth of the average yield on tax-free money market funds for the week ended July 24, 2006. According to iMoneyNet Inc., the tax-free yield increased five basis points to 2.96 percent. The article also reports on the growth of assets in the funds. The funds' average maturity declined by one day to 23 days during the latest week.
ACCESSION #
21801145

 

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