About this document
Understanding Commercial Paper (CP) by michealokumu756 is a document available to read on EtoBox.
Commercial Paper (CP) is an unsecured money market instrument used by corporations to raise short-term funds, introduced in India in 1990. It has specific features such as a maturity range of 15 days to one year, must be issued in dematerialized form, and requires a minimum credit rating for issuance. Eligible participants include highly rated corporate borrowers and various financial entities, with restrictions on investment by Foreign Institutional Investors.
- Author
- michealokumu756
- Language
- EN