U.S. money market mutual fund assets fell $ 2,639,000,000,000 4.86 billion, in the week ended Wednesday, according to the Investment Company Institute.
In the country's retail money market mutual fund assets increased by $ 1.91 billion, $ 93.425 billion, is headquartered in Washington, mutual fund trade group said on Thursday. Taxable retail money market fund assets rose from 130,000,000 to 73,903,000,000 U.S. dollars. Tax-exempt retail fund assets increased by 620 million, $ 19,523,000,000.
Institutional money market fund assets decreased by $ 6.77 one billion U.S. dollars to $ 1.705 trillion. Including institutional funds, taxable money market fund assets decreased by $ 7.7 one billion U.S. dollars to $ 1.632 trillion. Tax-exempt fund assets rose $ 930 million to $ 73.06 billion.
7 days money market mutual funds, the average yield was unchanged at the previous week's 0.01 percent, according to the IMF report, the service iMoneyNet company in Massachusetts Westborough 7-day compounded yield was unchanged at 0.01 percent. 30 days and 30 days yields a composite yield is unchanged at 0.01 percent, Money Fund Report said Wednesday.
Money market mutual funds held an average portfolio maturity of 47 days unchanged.
Online service Bankrate.com said 100 leading commercial banks, savings and loan associations and savings banks in the nation's 10 largest market research shows that money market accounts from the annual yield was unchanged at 0.10 percent a week ago.
North Palm Beach, Florida unit Bankrate company said on Wednesday that the annual interest-bearing checking account yield from 0.05% a week ago, unchanged.
Bankrate.com said the annual six-month certificates of deposit was unchanged at 0.15 percent yield. Interest rates unchanged at 0.24%, one-year CD and 0.37% in two years on a CD. 5-year bond yields fell from 0.79% to 0.78%.
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