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U.S. commercial paper market shrinks in week: Fed


NEW YORK, Reuters - The amount of U.S. commercial paper contracted in the week ended Oct 5 Federal Reserve data showed on Thursday.

U.S. seasonally adjusted commercial paper outstanding fell $30.2 billion to $916.3 billion in the latest week.

Non-seasonally adjusted commercial paper outstanding - which some analysts consider a more reliable reading than the seasonally adjusted one since it has been distorted by the financial crisis - fell $32.5 billion to $929.6 billion.

U.S. non-seasonally adjusted foreign financial commercial paper outstanding fell $10 billion to $202.1 billion.