Municipal bond mutual funds continued to garner cash last week despite the flight from risk that has driven most of the flows this month.

Muni funds that report their figures weekly posted a net inflow of $279.7 million during the week ended May 12, according to Lipper FMI. It was the heaviest flow in a month.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.