In another week of hefty outflows from money market funds, investors withdrew $2.74 billion out of their tax-exempt accounts, leaving behind $367.33 billion in total assets for the week ending March 29, according to the Money Fund Report, a service of iMoneyNet.com.

The previous week, tax-exempt ­money funds lost $2.03 billion and settled at $370.07 billion, following the historic $4.93 billion of outflows the week ­before.

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.