The commercial paper funding facility is a tool used by the Federal Reserve to provide funding for issuers that might face large redemptions and experience a squeeze on their cash resources. The ...
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 ...
A paper dealer is a market maker that facilitates the buying and selling of commercial paper and other money market instruments, typically acting on behalf of large financial institutions to provide ...
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 ...
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 ...
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 ...
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 ...