ICI released its latest "Money Market Fund Assets" report, which showed money fund assets increasing sharply on the week. It says, "Total money market fund assets increased by $15.08 billion to $2.59 trillion for the week ended Wednesday, September 24, the Investment Company Institute reported today. Among taxable money market funds, Treasury funds (including agency and repo) increased by $5.96 billion and prime funds increased by $11.10 billion. Tax-exempt money market funds decreased by $1.98 billion." The release continues, "Assets of retail money market funds decreased by $2.11 billion to $900.69 billion. Among retail funds, Treasury money market fund assets decreased by $800 million to $199.57 billion, prime money market fund assets decreased by $310 million to $516.21 billion, and tax-exempt fund assets decreased by $990 million to $184.91 billion. Assets of institutional money market funds increased by $17.19 billion to $1.69 trillion. Among institutional funds, Treasury money market fund assets increased by $6.76 billion to $730.31 billion, prime money market fund assets increased by $11.41 billion to $890.49 billion, and tax-exempt fund assets decreased by $980 million to $69.81 billion."

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