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US money market assets up in latest week-iMoneyNet

Wed Nov 21, 2012 2:49pm EST

Nov 21 (Reuters) - U.S. money market fund assets rose $30.71 billion to $2.585 trillion in the week ended Nov. 20, the Money Fund Report said on Wednesday.

Taxable money market fund assets rose $27.03 billion to $2.313 trillion, while tax-free assets added $3.68 billion to $271.78 billion, according to the report, published by iMoneyNet.

The yield on taxable money market funds was unchanged from the previous week at 0.02 percent.

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