NEW YORK Oct 4 The amount of seasonally
adjusted U.S. commercial paper contracted for a fifth
consecutive week in the week ended Oct. 3, Federal Reserve data
showed on Thursday.
U.S. seasonally adjusted commercial paper outstanding fell
$15 billion to $975.1 billion in the latest week.
Non-seasonally adjusted commercial paper outstanding - which
some analysts consider is a more reliable reading than the
seasonally adjusted one since it has been distorted by the
financial crisis - rose $1.9 billion to $972.1 billion.
U.S. non-seasonally adjusted foreign bank commercial paper
outstanding fell $200 million to $192.2 billion.