In the sixth week of net outflow activity, tax-exempt money market funds decreased by $1.88 billion and total net assets settled at $278.20 billion in the week ended Feb. 18, according to The Money Fund Report, a service of iMoneyNet.com.

The outflows continued the recent pattern -- albeit came in slightly less than last week’s $2.40 billion of outflows than caused total net assets to decline to $280.07 billion.

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