US municipal bond funds report $306.3 mln weekly inflows-Lipper

WASHINGTON Thu May 16, 2013 4:59pm EDT

WASHINGTON May 16 (Reuters) - U.S. municipal bond funds reported a net inflow of $306.31 million in the week ended May 15, nearly 14 times the inflow of $22.06 million in the previous week, according to data released by Lipper on Thursday.

The four-week moving average remained negative, though, reflecting an average weekly outflow of $41.2 million over that stretch, said Lipper, a unit of Thomson Reuters.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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