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INVESTMENT COMPANY INSTITUTE ISSUES REPORT ON ASSETS OF MONEY MARKET MUTUAL FUNDS

 INVESTMENT COMPANY INSTITUTE ISSUES REPORT
 ON ASSETS OF MONEY MARKET MUTUAL FUNDS
 WASHINGTON, Feb. 13 /PRNewswire/ -- Assets of the nation's 587 money market mutual funds rose by $4.63 billion to $513.60 billion for the week ended Wednesday, Feb. 12, the Investment Company Institute reported today.
 The 217 institutional funds rose by $4.20 billion to $183.27 billion; the 279 general-purpose funds increased by $548.6 million to $180.31 billion; and the 91 broker-dealer funds decreased by $126.0 million to $150.1 billion.
 Assets of money market mutual funds for the week ended Thursday, Feb. 5, were revised to $508.98 billion, and the decrease was revised to $777.1 million. The revisions reflect a change in the number of funds reporting.
 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- 2/13/92
 /CONTACT: Malin Jennings of the Investment Company Institute, 202-293-7700/ CO: Investment Company Institute ST: District of Columbia IN: FIN SU:


SB -- DC037 -- 9907 02/13/92 16:08 EST
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Publication:PR Newswire
Date:Feb 13, 1992
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