Quantcast

Volume spike illusionary; ABCP market hasn't turned on a dime

After all the market chatter and speculation on the surge in ABCP outstandings, it turns out the whole thing was, essentially, like everything else these days: an accounting error.

As ASR reported last week, the Federal Reserve Board numbers showed a significant increase in ABCP outstandings late in April...

To continue reading, log in, register or subscribe below.Calendars are available to registered users of The Bond Buyer web site.
Please log in below with the credentials you established at the time of your subscription or when you set up a free trial. If you have never set up an account with The Bond Buyer, please click the "Free trial" link below to set up your account.

Already a subscriber? Log in here.

Please note you must now log in with your email address and password.

 

Upcoming Events

Already a subscriber? Log in here
Please note you must now log in with your email address and password.