Commercial papers (CPs) are shorter duration debt instruments generally issued by companies with maturities up to one year. One basis point is 0.01 percentage point.from Banking/Finance-Industry-Economic Times https://ift.tt/JW3SAbl
Friday, April 22, 2022
Banks putting more of surplus funds in commercial papers as rates rise
Commercial papers (CPs) are shorter duration debt instruments generally issued by companies with maturities up to one year. One basis point is 0.01 percentage point.from Banking/Finance-Industry-Economic Times https://ift.tt/JW3SAbl
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