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Asset backed CP surges as conduits fund assets into January.

Source :
Euroweek; 11/17/2006, Issue 980, p54-54, 1/3p
Publication Year :
2006

Abstract

The article reports on the growth of the European commercial paper (CP) market due to the issuance of conduits and asset backed CP to finance new assets. The price of financial instruments have declined because of expectations that large banks will sell some of their assets in preparation for the end of fiscal year in November 2006. Demand for longer dated dollar persisted in Asia. CP Euro issuers anticipate that future rate from the European Central Bank will increase.

Details

Language :
English
ISSN :
09527036
Issue :
980
Database :
Complementary Index
Journal :
Euroweek
Publication Type :
Periodical
Accession number :
23429023