Commercial Paper Market Crumbles
Thursday, October 02, 2008
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NBR Correspondent Erika Miller has the latest on the crumbling commercial paper market as the credit freeze deepens and hurts companies in need of short term cash.
Discuss this story on XChange - The NBR Blog.
Related NBR Stories & Links
- 09-17-08: The Safety of Money Market Funds
- 08-19-08: Money Market Mutual Funds May Have To Manage More Scrutiny
- 08-28-07: Of Mutual Interest- Money Funds
- 08-20-07: The Commercial Paper Climate
External Links/Articles*
- About Commercial Paper
This page is maintained by the U.S. Federal Reserve. It offers an description of commerical paper as well as a discussion of how commercial paper rates are calculated. - Commercial
Paper Rates and Outstandings
This page is maintained by the U.S. Federal Reserve. It presents commercial paper discount rates, yield curve, rate spread, rate history, and more. - Financial
Times Article: Investors pull out of US commercial paper
This links to an article published on FT.com today (October 2, 2008) that outlines the emerging troubles in the commercial paper market. "The amount invested in the US commercial paper market fell by $95bn during the past week, increasing concerns about the availability of money for banks and companies from this vital source of short-term funding..." - The
Federal Reserve Bank of Richmond
This links to the page "Instruments of the Money Market" where you can get yet another description/defintion of commercial paper markets.
*Clicking these external links will take you off the NBR web site on PBS.org. NBR has no affiliation with these sites.
