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The evolution of the U.S. commercial paper market since 1980.

Authors :
Post, Mitchell A.
Schoenbeck, Michael A.
Source :
Federal Reserve Bulletin. Dec92, Vol. 78 Issue 12, p879. 13p. 7 Charts, 8 Graphs.
Publication Year :
1992

Abstract

Studies the changes in the United States commercial paper market since 1980. Five-fold growth since 1979; Development of the swaps market; Growth of money market mutual funds; Changes in area of services of banks to the commercial paper market; Sources of growth in the 1980s; Movements in interest rates; Economic expansion.

Details

Language :
English
ISSN :
00149209
Volume :
78
Issue :
12
Database :
Academic Search Index
Journal :
Federal Reserve Bulletin
Publication Type :
Academic Journal
Accession number :
9306185118