Tax-exempt money market funds had outflows of another $1.48 billion as total net assets dipped to $268.81 billion in the week ended March 31, according to The Money Fund Report, a service of iMoneyNet.com.
The funds lost $195 million the week before.
The average seven-day yield for the 420 weekly reporting tax-exempt funds remained at 0.01%, while the average maturity remained at 31 days.
Taxable money market funds posted losses of $27.37 billion and total net assets declined to $2.370 trillion in the week ended April 1, up from the previous week's losses of $4.02 billion.
The average seven-day yield for the 1,016 weekly reporting taxable funds was unchanged at 0.01%, while the average maturity was unchanged at 47 days.
The combined total net assets of the 1,436 reporting money funds fell by $28.85 billion and settled at $2.639 trillion in the week ended April 1, after losses of $4.22 billion the week before.
