US commercial paper outstanding rises in latest week - Fed
NEW YORK Jan 3 (Reuters) - The U.S. seasonally adjusted commercial paper market expanded for a 10th consecutive week, suggesting there is demand for short-term credit for companies to fund their operations and banks to make loans, Federal Reserve data showed on Thursday.
U.S. seasonally adjusted commercial paper outstanding rose $16.2 billion to $1.082 trillion in the week ended Jan. 2, according to the latest Fed data.
Non-seasonally adjusted commercial paper outstanding, which some analysts consider a more reliable reading, rose by $3.3 billion to $955.1 billion.
U.S. non-seasonally adjusted foreign bank commercial paper outstanding rose by $4.2 billion to $201.6 billion.
- White House reverses, says Obama met uncle and lived with him during law school
- South Africa mourns Mandela, will bury him on December 15 |
- RPT-UPDATE 1-Ford leans on global Mustang to burnish overseas image
- Flights delayed as air pollution hits record in Shanghai
- Struggling Sears to spin off Lands' End clothing label