Article

Banks continue to reduce issuance in ECP and US CP markets

Post Date: 07/07/2016

Euro Commercial Paper outstandings decrease by USD1.8bn over the last week 

 

The amount of outstanding Euro commercial paper (CP) and certificates of deposit (CD) decreased over the week ending July 6th, according to CMDportal data.

Outstandings decreased by USD1.8 billion to USD907billion. (previous week decrease USD 9.8 billion)

Bank outstandings decreased by USD 1.8 billion to USD501.6 billion. (previous week decrease USD 2.7 billion)

Government outstandings decreased by USD 0.8 billion to USD253.2 billion. (previous week decrease USD 2.8 billion)

Corporate outstandings increased USD 67.5 million to USD103.7 billion. (previous week decrease USD 4.4 billion)

Asset-backed outstandings increased by USD 747.2 million to USD43.9 billion. (previous week decrease USD 41.6 million)

Insurance outstandings were down USD 89.4 million to USD4.8 billion. (previous week increase USD 124.6 million)

 

US Commercial Paper outstandings decrease by USD 10.3 billion over the last week  

 

The amount of outstanding US commercial paper (CP) and certificates of deposit (CD) decreased over the week ending July 6th, according to Federal Reserve data.

Outstandings decreased by USD 10.3 billion to USD 1,045.4 billion.

In the last week, Non-Financial outstandings decreased by USD 0.4 billion to USD267.2 billion, whilst the Financial Sector decreased by USD 11.5 billion to USD513.7 billion.

Domestic Non-Financials where decreased by 2.3 billion, whilst Foreign Non-Financials increased by USD 1.9bn.

Domestic Banks decreased by USD 5.7 billion whilst Foreign Banks decreased by USD 5.9 billion.

The US Asset Backed Commercial Paper Sector increased by USD 2.2 billion to USD 259.7 billion.