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INVESTMENT COMPANY INSTITUTE REPORTS ON ASSETS OF MONEY MARKET MUTUAL FUNDS

 INVESTMENT COMPANY INSTITUTE REPORTS
 ON ASSETS OF MONEY MARKET MUTUAL FUNDS
 WASHINGTON, Jan. 30 /PRNewswire/ -- Assets of the nation's 587 money market mutual funds rose by $2.92 billion to $509.75 billion for the week ended Wednesday, Jan. 29, the Investment Company Institute reported today.
 The 217 institutional funds increased by $2.59 billion to $180.37 billion; the 281 general-purpose funds declined by $107.2 million to $180.27 billion; and the 89 broker-dealer funds increased by $437.0 million to $149.11 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- 1/30/92
 /CONTACT: Malin Jennings of the Investment Company Institute, 202-293-7700/ CO: Investment Company Institute ST: District of Columbia IN: FIN SU:


SB -- DC031 -- 5418 01/30/92 16:10 EST
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Publication:PR Newswire
Date:Jan 30, 1992
Words:182
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