Asset-backed commercial paper (commercial paper backed by financial assets as collateral) accounted for more than 45% of the commercial paper market between 2001 and 2007. At one point in August 2007, ...
Commercial paper is a type of short-term investment instrument issued by corporations in order to cover certain types of debt liabilities. Corporations issue commercial paper when they need to cover ...
In 2008, the Federal Reserve offered to purchase highly rated, three-month commercial paper in response to difficulty companies had raising money in the commercial paper market. The goals were to ...
The robust demand for commercial paper of late is likely to be short-lived as the next round of money-market rules and a longer unwind of Federal Reserve’s balance-sheet unwind saps appetite for ...
Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. Commercial paper is a long established and easily ...
NEW YORK (Reuters) - Oil company BP is now in danger of losing access to the commercial paper market, with one rating agency downgrading its short-term rating and another threatening to do so. Were a ...
The National Pension Commission (PenCom) has lifted the restrictions placed on Licensed Pension Fund Administrators (LPFAs) over investment in commercial papers where capital market operators ...
Commercial paper is a form of unsecured debt that allows companies to bypass a traditional lender, according to the SEC. Companies may issue commercial paper when they need to raise money. Commercial ...
Commercial paper is a promissory note in which the issuer promises to pay the buyer a specified amount at its maturity. Buyers purchase commercial paper at a lower rate than they are expected to ...