[ARTICLE] 6
[CIK] 0000943309
[NAME] SB INSTITUTIONAL GOVERNMENT
[SERIES]
   [NUMBER] 2
   [NAME] SB INSTITUIONAL CASH MANAGEMENT INC.
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   YEAR
[FISCAL-YEAR-END]                          MAY-31-1997
[PERIOD-END]                               MAY-31-1997
[INVESTMENTS-AT-COST]                      152,294,604
[INVESTMENTS-AT-VALUE]                     152,294,604
[RECEIVABLES]                                  114,289
[ASSETS-OTHER]                                     424
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                             152,409,317
[PAYABLE-FOR-SECURITIES]                             0
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                      569,105
[TOTAL-LIABILITIES]                            569,105
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                   151,840,212
[SHARES-COMMON-STOCK]                      151,840,212
[SHARES-COMMON-PRIOR]                       57,697,729
[ACCUMULATED-NII-CURRENT]                            0
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                              0
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                             0
[NET-ASSETS]                               151,840,212
[DIVIDEND-INCOME]                                    0
[INTEREST-INCOME]                            4,551,017
[OTHER-INCOME]                                       0
[EXPENSES-NET]                                 179,219
[NET-INVESTMENT-INCOME]                      4,371,798
[REALIZED-GAINS-CURRENT]                           935
[APPREC-INCREASE-CURRENT]                            0
[NET-CHANGE-FROM-OPS]                        4,372,733
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                    4,371,798
[DISTRIBUTIONS-OF-GAINS]                           935
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                    913,598,746
[NUMBER-OF-SHARES-REDEEMED]                823,251,900
[SHARES-REINVESTED]                          3,795,637
[NET-CHANGE-IN-ASSETS]                      94,142,483
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                            0
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                          227,516
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                                365,188
[AVERAGE-NET-ASSETS]                        84,450,201
[PER-SHARE-NAV-BEGIN]                             1.00
[PER-SHARE-NII]                                   .052
[PER-SHARE-GAIN-APPREC]                              0
[PER-SHARE-DIVIDEND]                              .052
[PER-SHARE-DISTRIBUTIONS]                            0
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                               1.00
[EXPENSE-RATIO]                                    .21
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>