U.S. money market mutual fund assets rose $ 2.638 trillion 15.49 billion, in the week ended Wednesday, according to the Investment Company Institute.
In the country's retail money market mutual fund assets increased by $ 7.31 billion, $ 93.103 billion, is headquartered in Washington, mutual fund trade group said on Thursday. Retail taxable money market fund assets increased from 59,000,000,000 to 73,501,000,000 U.S. dollars. Tax-exempt retail fund assets increased by $ 1.41 billion, to $ 19.601 billion.
Institutional money market fund assets increased by $ 8.18 one billion U.S. dollars to $ 1.707 trillion. Including institutional funds, taxable money market fund assets increased by 7.84 one billion U.S. dollars to $ 1.63 trillion. Tax-exempt fund assets increased by $ 340 million $ 72.8 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.
Online service Bankrate.com said 100 leading commercial banks, savings and loan associations and savings banks in the nation's 10 largest market survey, down from 0.11% to 0.10%, the annual rate of return in the money market accounts.
Previous week.
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 remained at 0.79% unchanged.
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