On Friday, the Investment Company Institute posted "Data Update: Money Market Funds and the Eurozone Debt Crisis". The brief piece, produced by Economists Sean Collins and Chris Plantier, says, "In October, we discussed how portfolio managers of U.S. prime money market funds have addressed the ongoing debt crisis in the eurozone. Here is a look at the latest monthly data on these funds' holdings by home country of issuer. We will revisit the topic in mid-December with updated analysis once November figures become available." The table and chart, produced by ICI (using Crane Data's Money Fund Portfolio Holdings), shows U.S. Prime Money Market Funds' Holdings of Eurozone Issuers declining from 31.1% in May to 28.8% in June, 26.6% in July, 23.4% in August, 18.9% in September, and 17.4% in October. France declines from 15.7% to 7.3% during this period.
