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| User Info | CP declines again entered at 2007-12-06 23:59:51 | |||
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Stazone72 Posts: 723 Registered: 2007-10-13 Chicago 
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REUTERS US ASSET BACKED CP OUTSTANDING FALLS $23.0 BLN WEEK ENDED DEC 5, VS $11.6 BLN FALL PREV WK-FED REUTERS U.S. COMM PAPER OUTSTANDING $1.844 TRLN WK ENDED DEC 5, VS $1.854 TRLN PRIOR WK-FED REUTERS US ABCP OUTSTANDING $801.2 BLN IN DEC 5 WEEK, VERSUS $824.3 BLN IN PRIOR WK-FED REUTERS US COMM PAPER OUTSTANDING FALLS $10.2 BLN WK ENDED DEC 5, VS $12.8 BLN RISE PRIOR WK-FED US ABCP OUTSTANDING SMALLEST SIZE SINCE FALL OF 2005 US commercial paper outstanding falls in week-Fed NEW YORK, Dec 6 (Reuters) - The U.S. commercial paper market contracted, and the closely watched asset-backed sector also shrank and has contracted by about one third since August, Federal Reserve data showed on Thursday. For the week ended Dec. 5, the size of the U.S. commercial paper market, a vital source of short-term funding for daily operations at many companies, fell by $10.2 billion to $1.844 trillion, from $1.854 trillion the previous week. Asset-backed commercial paper outstanding fell for the 17th straight week, down by $23.0 billion. U.S. asset-backed commercial paper outstanding fell to $801.2 billion in the latest week from $824.3 billion the previous week. That left the U.S. asset backed commercial paper market's size the smallest since the fall of 2005. 2007-12-06 23:59:51
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