January 27, 2009 at 10:00 AM EST
Answers I Really Wanna Know: Commercial Paper Comes Home to Roost
Do you remember when we warned it would be a September to remember as financial institutions eyed $871 billion in debt coming due into year-end? Are you equally aware of the $245 billion of 90-day commercial paper (that companies sold to the Federal Reserve) will mature this week and next? As $50-$70 billion is expected to be rolled over or bought by investors will that be viewed as an effective thaw or another straw on the back of the government? When will we get a “debt test” calendar similar to the economic calendars that have been on Wall Street ...
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