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Reliance on Fed Drops For Commercial Paper.

Authors :
Shrivastava, Anusha
Source :
Wall Street Journal - Eastern Edition. 5/1/2009, Vol. 253 Issue 101, pC2. 0p.
Publication Year :
2009

Abstract

The article reports on the decline of Federal Reserve's commercial-paper lending to U.S. companies on May 1, 2009. The decline is a sign that market's reliance on the U.S. Federal Reserve is waning. Data from the Federal Reserve that companies have refinanced in the open market. The holdings of the Federal Reserve dropped to $181.80 billion on April 30, 2009.

Details

Language :
English
ISSN :
00999660
Volume :
253
Issue :
101
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
40512473