"U.S. Commercial Paper Grows; First Gain Since Aug"

Oct 04 07

"U.S. Commercial Paper Grows; First Gain Since August" Says Bloomberg. Commercial paper outstanding rose for the first time in eight weeks, according to this week's Federal Reserve data. The article says, "U.S. commercial paper debt maturing in 270 days or less rose $4.5 billion in the period ended yesterday to a seasonally adjusted $1.86 trillion, ending the biggest decline in at least seven years.... Asset-backed commercial paper fell $6.1 billion."

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