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Weekly Money Fund Assets Jump $27 Billion to Record $3.07 Trillion. Assets of money market mutual funds appear impervious to concerns over ABCP, SIVs, LGIPs, and "enhanced cash" funds, rising $127 billion month-to-date in November. ICI's latest statistics show total money fund assets rising $26.75 billion to a record $3.073 trillion for the week ended Nov. 28. Institutional assets rose by $18.96 billion to a record $1.941 trillion, while Retail assets rose by $7.79 billion to a record $1.132 trillion. ICI also reported official month-end assets for October. Money funds rose by $115.4 billion for the calendar month and have risen by $613.8 billion YTD through 10/31. Total mutual fund assets rose by a massive $435 billion in October, breaking above the $12 trillion mark for the first time. Liquid assets of stock mutual funds rose to 3.9% in Oct. from a record low level of 3.6% in Sept. Also, see ICI's "Frequently Asked Questions About Money Market Funds". Separately, the Federal Reserve Board of Governors reported that commercial paper rebounded by $12.8 billion to $1.854 trillion in the latest week.
