"Asset-Backed Commercial Paper Shrinks for Fifth Month" says Bloomberg

Dec 27 07

"Asset-Backed Commercial Paper Shrinks for Fifth Month" says Bloomberg. ABCP continues to shrink though overall CP rose by $1.2 billion to $1.785 trillion according to the Fed's latest statistics. Bloomberg discusses CP supply, the Canadian ABCP workout plan, the super SIV, and the Cheyne rescue in an overall update of the ABCP marketplace.

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