Assets of institutional money market funds increased by $13.17B to $1.68T in the week ended Aug. 15, the third largest inflow of institutional money since the end of March.

Among institutional funds, taxable non-government money market fund assets increased by $6.80B to $915.71B, taxable government money market fund assets decreased by $6.61B to $687.40B, and tax-exempt fund assets decreased by $240M to $83.91B, according to the Investment Company Institute.

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