After a short-lived period of inflows, tax-exempt money market funds lost $1.93 billion and total net assets dipped to $288.75 billion in the week ended Feb. 27, according to the Money Fund Report, a service of

The outflows arrived on the heels of $1.2 billion of new cash last week when total net assets finished at $290.69 billion. Last week’s inflows recouped half of the $2.44 billion in losses suffered in the week ended Feb. 13 when assets closed at $289.48 billion.

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.