Commercial papers are short-term debt instruments issued by corporations to meet immediate funding needs. Investors generally hold these instruments from issuance until maturity, which can range up to 270 days. They are rarely traded frequently in the secondary market because... Read More
Commercial papers are short-term debt instruments issued by corporations to meet immediate funding needs. Investors generally hold these instruments from issuance until maturity, which can range up to 270 days. They are rarely traded frequently in the secondary market because of their short duration and low risk.
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