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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, June 4 /PRNewswire/ -- Assets of the nation's 596 money market mutual funds rose by $803.5 million to $493.03 billion for the week ended Wednesday, June 3, the Investment Company Institute reported today.
 The 219 institutional funds increased by $2.32 billion to $178.71 billion; the 284 general-purpose funds fell by $1.55 billion to $173.54 billion; and the 93 broker-dealer funds increased by $26.7 million to $140.78 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- 6/4/92
 /CONTACT: Malin Jennings of the Investment Company Institute, 202-293-7700/ CO: Investment Company Institute ST: District of Columbia IN: FIN SU: ECO


TW -- DC033 -- 7199 06/04/92 16:44 EDT
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Publication:PR Newswire
Date:Jun 4, 1992
Words:183
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/C O R R E C T I O N -- INVESTMENT COMPANY INSTITUTE/

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