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U.S. Commercial Paper Outlook: Recent Gains To Continue Jul 05 Product Image

U.S. Commercial Paper Outlook: Recent Gains To Continue Jul 05

  • ID: 1790956
  • July 2005
  • Region: United States
  • Standard & Poors

FEATURED COMPANIES

  • Albertson's Inc.
  • Cinergy Corp.
  • Dow Jones & Co. Inc.
  • Exelon Corp.
  • H.J.Heinz Co.
  • Macy's Inc.
  • MORE

Abstract
[Editor's Note: This article, originally published July 14, 2005, is being republished to clarify in Table 4 the amounts of commercial paper listed.] After a prolonged hiatus, U.S. commercial paper outstanding is expected to maintain its rebound as interest rates rise and the demand for funding increases. Total commercial paper outstanding rose 9.7% last year and is expected to climb 9.3% this year, after three down years. Growth will be recorded in both the financial and nonfinancial segments this year, with the latter posting stronger gains albeit from a lower base. Outstandings in financial commercial paper are mostly driven by requirements for bank lending. In the nonfinancial commercial paper segment, however, conditions appear to be ripe for a reversal of...

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Research Type: Commentary
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- Albertson's Inc.
- Beam Inc.
- CSX Corp.
- Commonwealth Edison Co.
- Cooper Tire & Rubber Co.
- Dow Jones & Co. Inc.
- Duke Energy Corp.
- Eaton Corp.
- EQT Corp.
- Macy's Inc.
- Ford Motor Co.
- Motors Liquidation Co. (fka General Motors Corp.)
- Halliburton Co.
- H.J.Heinz Co.
- Kerr-McGee Corp.
- Knight Ridder Inc.
- Kroger Co.
- May Department Stores Co.
- Bank of America Corp.
- ONEOK Inc.
- Freeport-McMoRan Corp
- PECO Energy Co.
- Safeway Inc.
- Sears, Roebuck and Co.
- Asahi Glass Co. Ltd.
- Dixie Pipeline Co.
- Government Development Bank for Puerto Rico
- Fifth Third Bancorp
- Temple-Inland Inc.
- Questar Corp.
- CBS Corp.
- Toshiba Corp.
- Eastman Chemical Co.
- Cinergy Corp.
- Integrys Energy Group Inc.
- Spectra Energy Capital LLC
- Exelon Corp.
- Exelon Generation Co. LLC
- MeadWestvaco Corp.

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