Tax-exempt money market funds suffered losses for the fifth consecutive week as $2.40 billion escaped the industry in the week ended Feb. 11 and total net assets finished with $280.07 billion, according to The Money Fund Report, a service of iMoneyNet.com.
Outflows Continue to Plague Muni Money Funds
FEB 14, 2013 2:24pm ET
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A recent phenomenon is the emergence of bonds with shorter call protection as funding alternatives for municipalities. However, the shorter call protection also dampens the potential upside for investors, which in turn reduces the price they are willing to pay.
the bond buyer conferences
May 1- 2, 2014Hyatt Regency, Baltimore, MD
The Roosevelt Hotel, New York, NY