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Decline in Commercial-Paper Levels Slows, But Investor Nervousness Lingers.

Authors :
Norman, Laurence
Reed, Danielle
Blumberg, Deborah Lynn
Source :
Wall Street Journal - Eastern Edition. 8/31/2007, Vol. 250 Issue 52, pC2. 0p.
Publication Year :
2007

Abstract

The article reports on the decline in the level of outstanding commercial paper. According to U.S. Federal Reserve data, the total amount of outstanding commercial paper used by banks and other companies for short-term financing needs, fell by $62.8 billion to $1.979 trillion. The outstanding asset-backed commercial paper also dropped by $59.4 billion to $998 billion.

Details

Language :
English
ISSN :
00999660
Volume :
250
Issue :
52
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
26755608