Municipal bond mutual funds reported another healthy slug of new money last week as demand for high-quality fixed income continued to drive investment flows. Muni funds that report their figures weekly posted a net inflow of $728.4 million during the week ended Aug. 25, according to Lipper FMI.

That represents a minor dip from the preceding two weeks, each of which saw at least $900 million in new money entrusted to the weekly reporting funds. Still, it is the eighth straight week of positive flows.

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