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

November 10, 2016 9:50 AM EST

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NEW YORK (Reuters) - The amount of U.S. commercial paper grew in the week ended Nov 9 Federal Reserve data showed on Thursday.

U.S. seasonally adjusted commercial paper outstanding rose $0.3 billion to $907.7 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 $4.1 billion to $940.1 billion.

U.S. non-seasonally adjusted foreign financial commercial paper outstanding fell $1.5 billion to $199.2 billion.

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