Institutional MF Assets Break $2 Trillion, Driving Totals to New Record. Money fund assets jumped again in the latest week, rising $13.55 billion to an all-time record $3.189 trillion in the week ended Wednesday said the ICI. Institutional money fund assets increased by just $2.47 billion. But the gain, plus asset revisions by ICI, pushed this week's (and last week's) institutional totals past $2 trillion for the first time ever. Corporate inflows were temporarily weakened by a Jan. 15 tax payment date, but they should resume with a vengeance as the market "gets short" ahead of an expected January 31 1/2-point rate cut. Retail money funds rose by $11.84 billion to a record $1.184 trillion. "Prime" or general purpose money funds took in $15.0 billion while Treasury and Government money funds lost $1.8 billion as investors continue to unwind their "flight-to-safety" moves made during the height of the SIV panic. (Read about the sharp rebound in the Fed's asset-backed commercial paper asset totals in today's "Link of the Day".) ICI currently tracks 2,017 money funds in total, with 1,171 classified as institutional and 846 classified as retail.

Email This Article




Use a comma or a semicolon to separate

captcha image

Money Market News Archive

2024 2023 2022
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2021 2020 2019
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2018 2017 2016
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2015 2014 2013
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2012 2011 2010
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2009 2008 2007
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2006
December
November
October
September