Tax-exempt money market fund assets declined by $7.27 billion for the week ending April 21 - nearly triple the outflows that they lost the prior week ahead of the income tax deadline, according to the Money Fund Report, a service of

The 547 tax-exempt funds ended the week with total assets of $494.7 billion, compared with $501.97 billion the previous week when they lost just $2.85 billion, according to the report.

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.