F.121 Money Market Mutual Funds (1)            
 Billions of dollars; quarterly figures are seasonally adjusted annual rates            
 stock price direction  DOWN DOWN DOWN UP UP UP DOWN UP UP UP DOWN
 bond price direction UP UP UP UP DOWN DOWN UP DOWN DOWN DOWN DOWN
2001 2002 2003 2004 2005 2005 2006
Q1 Q2 Q3 Q4 Q1 Q2
1 Net acquisition of financial assets 428.5 -16.7 -207.5 -136.5 127.0 -71.7 11.7 216.4 351.6 133.1 222.6 1
2 Foreign deposits 27.8 -6.8 -36.6 7.0 16.2 3.5 52.6 51.1 -42.4 10.3 -70.7 2
3 Checkable deposits and currency 3.9 -6.8 -0.7 2.7 -1.4 -9.5 -14.1 20.6 -2.7 3.1 63.1 3
4 Time and savings deposits 89.3 -23.9 -53.3 0.4 16.6 9.8 -28.3 37.3 47.4 -26.5 106.4 4
5 Security RPs 43.4 47.1 -20.8 -18.7 112.0 48.5 148.2 115.3 135.9 -37.2 13.5 5
6 Credit market instruments 267.3 -17.7 -95.9 -124.9 -10.1 -169.6 -118.5 32.6 215.0 95.3 148.9 6
7 Open market paper 3.4 -38.6 -125.2 -54.1 86.3 3.3 90.2 71.9 179.9 -9.3 63.1 7
8 Treasury securities 46.0 4.7 -10.2 -33.9 -9.6 4.9 -9.8 -10.7 -23.0 -31.0 22.8 8
9 Agency- and GSE-backed securities 141.5 8.7 -4.6 -61.1 -107.4 -154.5 -154.6 -159.5 39.1 44.1 3.0 9
10 Municipal securities 34.2 1.8 13.6 21.8 23.2 21.7 22.2 18.4 30.7 35.1 -9.2 10
11 Corporate and foreign bonds 42.3 5.6 30.5 2.3 -2.7 -45.0 -66.5 112.5 -11.7 56.4 69.1 11
12 Miscellaneous assets -3.3 -8.6 -0.2 -2.9 -6.2 45.6 -28.3 -40.5 -1.7 88.1 -38.6 12
13 Net share issues (liabilities) 428.5 -16.7 -207.5 -136.5 127.0 -71.7 11.7 216.4 351.6 133.1 222.6 13
 (1) Open-end investment companies; excludes funding vehicles for variable annuities, which are included in the life insurance companies sector (table F.117).