Yet another money fund is calling it quits as Dreyfus liquidates its small Money Market Instruments and Govt MM Instruments funds. The funds, Dreyfus Money Market Govt (​DMMXX), $​26M and Dreyfus Money Market MM (​DMIXX), $​11M, will be removed from our MFI Daily Monday. The original liquidation filing said, "The Board of Directors of Dreyfus Money Market Instruments, Inc. has approved the liquidation of each of Money Market Series and Government Securities Series ... each a series of Dreyfus Money Market Instruments, Inc., effective on or about March 6, 2013 with respect to Money Market Series and on or about March 7, 2013 with respect to Government Securities Series.... Accordingly, effective on or about December 28, 2012, each Fund will be closed to any investments for new accounts, except that new accounts may be established for "​sweep accounts" and by participants in group retirement plans (​and their successor plans), provided the plan sponsor has been approved by The Dreyfus Corporation and established the Fund as an investment option in the plan before the Closing Date. Each Fund will continue to accept subsequent investments until the respective Liquidation Date." In other news, ICI'​s latest "​Money Market Mutual Fund Assets" says, "Total money market mutual fund assets decreased by $​26.​49 billion to $​2.​625 trillion for the week ended Wednesday, March 20, the Investment Company Institute reported today. Taxable government funds decreased by $​680 million, taxable non-​government funds decreased by $​25.​33 billion, and tax-​exempt funds decreased by $​470 million."

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