Federal Reserve data on Thursday showed seasonally adjusted US commercial paper
outstanding rose $11.4 bln in the week to June 10, to $1.413 tln. Not seasonally
adjusted outstanding fell $6.9 bln to $1.466 tln; some analysts say unadjusted
series is more reliable because seasonal adjustment is distorted by effects
dating to the financial crisis. Unadjusted commercial paper issued by foreign
financial institutions fell $7.2 bln to $356 bln.