Thursday, March 29, 2012

Reuters: Economic News: Commercial paper market rises in week: Fed

Reuters: Economic News
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Commercial paper market rises in week: Fed
Mar 29th 2012, 14:16

NEW YORK | Thu Mar 29, 2012 10:16am EDT

NEW YORK (Reuters) - The U.S. seasonally adjusted commercial paper market expanded in the latest week, Federal Reserve data showed on Thursday.

The size of the U.S. commercial paper market rose by $6.4 billion to $937.5 billion on a seasonally adjusted basis in the week ended March 28 from a seasonally adjusted $931.2 billion outstanding a week earlier.

The size of the market without seasonal adjustments shrank by $8.7 billion in the latest week to $1.0019 trillion from $1.0106 trillion.

U.S. foreign financial commercial paper outstanding, not seasonally adjusted, grew by $4.2 billion in the latest week to $136.9 billion from $132.7 billion.

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