Tax-free money market funds reeled in a whopping $7.251 billion of inflows during the week ending March 10, after netting just $264.4 million the week before, according to the Money Fund Report, a service of imoneynet.com.

Total assets of the 549 tax-exempt funds grew to $483.09 billion, up from $475.8 billion last week following two consecutive weeks of outflows.

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.