commercial paper

Lehman was one of the main market-makers in commercial paper and a large issuer of these short-term obligations to boot.

GE, one of the nation's largest corporations, turned to the Fed for short-term loans, known as commercial paper, when that market dried up.

But it may have had the reverse effect : investors started to shun almost all commercial paper issued by SIVs .

At its peak, the Fed was one of the biggest holders of commercial paper -- $350 billion, or 20% of the market.

Companies selling unsecured commercial paper will have to pay an effective rate of two percentage points above this OIS benchmark.

The Fed said the decline was concentrated in commercial paper, loans and commercial mortgage borrowing.

He found "the spread between the commercial paper rate and the Treasury bill rate appears to be the best predictor" .

Both borrowed partially (but not exclusively) in a form of short-term debt known as asset-backed commercial paper.

Losses on Lehman debt forced several money-market funds to "break the buck" , triggering a flight out of short-term commercial paper.

Some use it for emergency financing, others for day-to-day liquidity, just as GE uses commercial-paper markets.

Lehman Brothers , after all, still had an A2 credit rating when it went under , taking down with it billions in commercial paper.

This article only a computer with a Web commercial paper production issues with the page.

The exodus out of money-market funds is taking a big chunk out of the 'commercial paper' market, a vital source of financing for companies.

The commercial-paper market, which helps finance the day-to-day operations of businesses around the country, was seizing up.

In terms of cost and color saturation, special handling paper often between commercial paper and coated paper.

The central bank has already started buying private-sector assets, such as commercial paper, in an attempt to get credit flowing again.

Commercial paper is short-term debt, up to nine months in maturity.

If investors balk at buying commercial paper, then banks will have to find money elsewhere to pay debts maturing in coming months.

There are several possible models for a new program, including a commercial-paper lending program created by the Federal Reserve last month.

Among the biggest from the Fed's commercial-paper program was Swiss banking giant UBS AG, which tapped it for $37 billion in October 2008.

Chinese banks, much more than their Western counterparts, rely on deposits rather than commercial paper for financing.

This week the Fed took another step in that direction: by buying commercial paper, it is now in effect lending direct to companies.

In the case of some funds, substantial amounts are held in commercial paper or certificates of deposit in overseas banks.

Banks suddenly had to provide credit to entities that had previously relied on the commercial-paper market for funding.

The commercial paper market has come under intense pressure in recent weeks, constraining businesses and consumers from receiving credit.

With few retail deposits to speak of, the firm gorged on long-term debt and commercial paper to fund its lending.

Its shares slumped this week on unsubstantiated rumours that, it faced big losses in asset-backed commercial paper.

Fed officials have been especially concerned about the inability of firms to issue commercial paper for longer durations.

Goldman started out in 1869 as a dealer in commercial paper .

Financial paper financial distress Commercial paper issued by financial institutions .

The ECB would favour a targeted programme involving corporate bonds or commercial paper, rather than buying government debt.

Meanwhile corporate borrowers have found it hard to issue commercial paper, as money-market funds have fled from all but the safest assets.

Commercial paper, according to the variety of ways you can use promissory notes and can be divided into two types of computer ticket.

Tuesday, the Fed said itwouldwill make short-term loans by purchasing what is called commercial paper.

It spawned a panic in the commercial-paper, credit-derivatives and bank-funding markets that dramatically worsened banks' liquidity.

although there was some issuance of lesser-quality, unrated commercial paper prior to the junk bond market collapse late in 1989.

These assets are low-risk paper, including certificates of deposit, bank notes and commercial paper with three-month maturities or less.

Further evidence that the banking system is stabilising is seen by activity in financial commercial paper.

"How could you let it go bankrupt and not expect the commercial paper market to be completely crushed? "

Some were created by the Fed's myriad loans to banks, issuers of commercial paper and others to unfreeze the credit markets.

It was their sudden withdrawal that caused the market in asset backed commercial paper (ABCP) to seize up.

The commercial paper move was necessary, as many large companies rely on it to fund day-to-day needs, like payroll.

Cash is defined as currency in corporate accounts, short term investments or commercial paper that's easily convertible to cash.

Commercial paper maturities range up to 270 days.

Their failure will be another shock to the corporate debt and commercial paper market, and related structured products.

financial paper: Commercial paper issued by financial institutions.

Commercial paper outstanding is almost comparable to treasury securities.

StanChart said it sold the commercial paper to Middle Eastern sovereign wealth funds and European pension funds.

To lend money on(a commercial paper not immediately payable)after deducting the interest.

Commercial paper and some corporate bonds are of short duration, returning cash to the central banks over fairly short horizons.

Commercial paper business card printing and membership card making business the most worth mentioning is the " " strickle unshrould.

The cost of funding in the commercial paper market also tumbled.

The central bank announcing it will buy commercial paper--short-term funding companies rely on for day-to-day expenses.

As recently as mid-June, the European commercial paper market was seeing records levels of issuance.

Burned on Lehman debt, many money-market mutual funds have also stopped buying commercial paper.

Buying commercial paper relieves short- term cash and credit problems for companies and has precedents in the UK and in the US .

Now investors, worried about the value of the mortgage-backed debt, are boycotting the commercial paper.

By then the mass appeal of commercial paper and credit-default swaps may have waned .

Tuesday, the Fed said it will make short-term loans by purchasing what is called commercial paper.

So notes and bonds usually pay higher interest rates than short-term bills or commercial paper.

Kelleher said, noting renewed activity in the bond and commercial-paper markets.

It would be preferable for central banks to swap cash for harder-to-shift assets such as commercial paper.

For more on Peterson and commercial paper, see the This American Life episode, " Another Frightening Show About the Economy. "

In the current crisis, the commercial paper market has almost dried up, endangering GE Capital's source of capital.

Sept. 19: Fed opens discount window to fund purchases of asset-backed commercial paper from money market mutual funds.

Securities for which ISINs are issued include bonds, commercial paper, equities and warrants.

That rise has come at the same time as a fall in commercial-paper issuance by off-balance-sheet conduits typically sponsored by banks.

Tuesday, the Fed said they will make short-term loans by purchasing what is called commercial paper.

Money-market funds, by some estimates, hold more than 40% of U. S. commercial paper outstanding.

As investors yanked money from this market, they would invest only for super-short time periods in commercial paper.

The Fed has also announced a new program to provide support for the commercial paper market, which is freezing up.

Commercial Paper(CP) Short term debt issued by a large company in their own name.

Most commercial-paper buyers will touch only top-quality assets.

"What about the commercial-paper market? " one onlooker quipped.

Other investors were happy to buy that commercial paper because it was "asset-backed" , in the form of the mortgage debt.

The demise of Lehman disrupted the commercial paper market.

What is the Fed's role in helping with the commercial paper market and how does that benefit businesses?

Many commercial-paper loans are not secured by collateral.

It should allow them to invest more freely abroad, or in commercial paper and bonds.

Should I enclose this commercial paper with these two letters?

Xi'an brilliant sunshine Address: East Street, Xi'an Luomashi first floor commercial paper.

The Fed's commercial paper program shut down earlier this year, by the way.

Commercial-paper investors may find the M-LEC's complexity a turn-off.

The commercial-paper market is clearly stressed.

The commercial-paper facility is currently scheduled to remain in place until April 2009.

Money Market A market for short-term securities such as bank bills, commercial paper, etc. usually having a maturity of less than 1 year.

6By then the mass appeal of commercial paper and credit-default swaps may have waned.

GE recently had around $90 billion of outstanding commercial paper.

In America, capital markets matter more, so the Fed had to get its hands dirtier by buying commercial paper and mortgage-backed securities.

The Fed's programme to buy commercial paper, a form of short-term company debt, had acquired almost $300 billion by November 26th.

It will extend its programmes to buy commercial paper and provide unlimited collateral-backed loans to financial institutions.

But with the economy showing few signs of recovery, the ECB may start to buy commercial paper and longer-term bank bonds fairly soon.

Commercial paper interest rates have not yet fallen, irrespective of central banks' actions.

The Fed will also extend loans to banks to buy asset-backed commercial paper from money-market funds that face redemptions.

On Sept. 16, the Reserve Primary Fund, a big money-market fund, revealed huge losses, due in part to holdings of Lehman's commercial paper.

The commercial-paper market has contracted by 10% since July, to $1. 607 trillion, as investors flock to safer terrain.

The commercial-paper market slowly came back to life.

With the collapse in other debtmarkets (such as asset-backed commercial paper), corporate borrowers cashed in those chips.

They hold $2. 7 trillion in assets and buy more than a third of all commercial paper.

The course of development of Japan's commercial paper and Japanese Capital Market Association has a great significance to our country.

Commercial paper is a form of short-term unsecured borrowing often used by companies to fund day-to-day operations

The commercial paper market is basically like a credit card for giant companies in every major industry;

Stand-by credit (commercial paper credit, guarantee credit, performance credit)

KEYWORDSEconomic Crisis; Credit Crunch; Trust; Wall Street; Banks; Federal Reserve; Commercial Paper

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