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/nUMgKkd
Sunday, April 24, 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/nUMgKkd
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