commercial paper market

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.

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.

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

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

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

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

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

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

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

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?

The commercial-paper market is clearly stressed.

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.

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

such as the Federal Reserve's prop for the commercial-paper market (already tapped by some large American firms)