Tax-Free Yield Rises to 2.96% in Week

Fine, Jacob
July 2006
Bond Buyer;7/28/2006, Vol. 357 Issue 32433, p7
Trade Publication
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.


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