"U.S. Commercial Paper Slump Extends to Sixth Week" Says Bloomberg.com

Sep 21 07

"U.S. Commercial Paper Slump Extends to Sixth Week" Says Bloomberg.com. CP outstandings suffered another drop ($48.1 billion) in the latest week, according to the Federal Reserve's latest statistics to $1.883 trillion. The article quotes Maureen Coen, global head of asset-backed commercial paper origination at Credit Suisse, "The view that purchasers of asset-backed commercial paper have driven the drop by boycotting the paper completely is a myth that needs to be dispelled."

Email This Article




Use a comma or a semicolon to separate

captcha image