Free Trial

/FUNDS: The iMoneyNet's Money Fund..........>

US TSYS
US TSYS: /FUNDS: The iMoneyNet's Money Fund Reports noted US money-market funds
"boasted asset inflows of $29.94 billion during the week ended Sept. 26."
- It said "total fund assets settled at $2.715 trillion for the week. Taxable
money-fund assets grew by $30.27B to $2.587 Trln. Government Institutional fund
assets soared $28.53 billion. Prime Institutional fund assets added $1.23B.
Taxable Retail fund assets increased by $506.8 million."
- It also said "tax-free fund assets declined $327.1 million to $127.90
billion." Meanwhile "the iMoneyNet Money Fund Average 7-Day Simple Yield for All
Taxable money-market funds held steady at 0.68% for a 2nd week. The iMoneyNet
Money Fund Average 7-Day Simple Yld for All Tax-Free and Municipal money-mkt
funds shot up to 0.40% from last week's 0.37%. There were 830 taxable and 224
tax-free and municipal money-market funds reporting this week." 

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.