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ASSETS OF MONEY MARKET MUTUAL FUNDS FALL $6.23 BILLION

 ASSETS OF MONEY MARKET MUTUAL FUNDS FALL $6.23 BILLION
 WASHINGTON, April 30 /PRNewswire/ -- Assets of the nation's 593 money market mutual funds fell by $6.23 billion to $496.55 billion for the week ended Wednesday, April 29, the Investment Company Institute (ICI) reported today.
 The 216 institutional funds fell by $4.33 billion to $175.09 billion; the 286 general-purpose funds fell by $377.4 million to $178.37 billion; and the 91 broker-dealer funds decreased by $1.53 billion to $143.08 billion.
 ICI reports the assets of money market funds to the Federal Reserve Board each week and makes this data available to the public on a weekly basis. The institute also reports monthly on two broad categories of funds: (1) short-term funds, which include taxable and tax-free money market funds, (2) all other funds, such as stock, income, corporate bond and municipal bond funds.
 -0- 4/30/92
 /CONTACT: Malin Jennings of the Investment Company Institute, 202-293-7700/ CO: Investment Company Institute ST: District of Columbia IN: FIN SU: ECO


MH -- DC026 -- 5117 04/30/92 16:16 EDT
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Publication:PR Newswire
Date:Apr 30, 1992
Words:183
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