RPT-US money market assets rise in latest week-iMoneyNet

Wed Dec 5, 2012 3:17pm EST

NEW YORK Dec 5 (Reuters) - U.S. money market fund assets increased by $26.27 billion to $2.620 trillion in the week ended Dec. 4, the Money Fund Report said on Wednesday.

Taxable money market fund assets rose by $25.52 billion to $2.347 trillion, while tax-free assets were up by $757.5 million at $272.80 billion, according to the report, published by iMoneyNet.

Yields on taxable money market funds were unchanged from the previous week at 0.02 percent, according to the report.

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