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Corporate America Embraces Short-Term IOUs as Free Money Ends.
- Source :
- Bloomberg.com; 7/27/2022, p96-96, 1p
- Publication Year :
- 2022
-
Abstract
- The Fed had to similarlysupport the commercial paper market after Lehman Brothersfailed. (Bloomberg) -- Blue-chip companies that need to borrow inthe US now are increasingly relying on short-term IOUs toavoid locking in longer-term borrowing costs in a marketbeset by turbulence. [Extracted from the article]
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 158218028