Tax-free money market funds inflows were down from last week's huge haul, but still totaled $2.124 billion, boosting assets to $492.05 billion for the week ending Feb. 12, according to imoneynet.com.

The average seven-day yield for tax-exempt money market funds fell to 1.70%, down 40 basis points from 2.10% the week before, while the average maturity was 28 days, one day less than the previous week.

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