US money market assets rise in latest week: iMoneyNet

NEW YORK Wed Dec 26, 2012 3:27pm EST

NEW YORK Dec 26 (Reuters) - U.S. money market fund assets rose by $13.22 billion to $2.632 trillion during the week ended Dec. 25, the Money Fund Report said on Wednesday.

Taxable money market fund assets rose by $8.31 billion to $2.349 trillion, while tax-free assets increased $4.91 billion to $283.35 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.