U.S. commercial paper market shrinks in week-Fed
NEW YORK, June 25 (Reuters) - The amount of U.S. commercial paper contracted in the week ended June 24 Federal Reserve data showed on Thursday.
U.S. seasonally adjusted commercial paper outstanding fell $3.5 billion to $1.397 trillion in the latest week.
Non-seasonally adjusted commercial paper outstanding - which some analysts consider a more reliable reading than the seasonally adjusted one since it has been distorted by the financial crisis - rose $14.8 billion to $1.476 trillion.
U.S. non-seasonally adjusted foreign financial commercial paper outstanding rose $11 billion to $363.9 billion.
((New York Treasury Desk +1-646-223-6300))
U.S. seasonally adjusted commercial paper outstanding fell $3.5 billion to $1.397 trillion in the latest week.
Non-seasonally adjusted commercial paper outstanding - which some analysts consider a more reliable reading than the seasonally adjusted one since it has been distorted by the financial crisis - rose $14.8 billion to $1.476 trillion.
U.S. non-seasonally adjusted foreign financial commercial paper outstanding rose $11 billion to $363.9 billion.
((New York Treasury Desk +1-646-223-6300))