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ABCP Outstanding Breaks $​1 Trillion Says Credit Suisse Newsletter

Oct 16 06
According to Credit Suisse'​s Asset Backed Commercial Paper Weekly Newsletter, total ABCP broke above the $​1 trillion level for the first time the week ended October 4. "​The recent growth in outstandings can be attributed to a number of factors, including quarter end balance sheet trades, continued growth in multi-​seller programs and increased issuance of extendible notes," says Credit Suisse.
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