Commercial paper, with over $1 trillion outstanding is the largest privately issued portion of the U.S. money market.

Name: Commercial paper, with over $1 trillion outstanding is the largest privately issued portion of the U.S. money market.
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Commercial paper is a significant component of the U.S. money market, with over $1 trillion outstanding, making it the largest privately issued portion. This short-term debt is issued by corporations to finance their immediate operational needs.

Commercial Paper, with Over $1 Trillion Outstanding Is the Largest