angelina
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Joined: 16 Oct 2005
angelina's Home Page
Posts: 4
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 Posted: Mon Nov 28, 2005 1:30 am Post subject: Re:
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Hi Aug_2k5,
Welcome to the AmPmCash forums.
Commercial paper is an unsecured and unregistered short term debt trading security. It contains the terms and conditions under which funds are being borrowed by a corporation. It is issued by banks, financial corporations or individual borrowers who have temporarily idle cash. The loan mainly used by the companies with good credit standing to meet their short term working capital crunch like payment of wages, purchasing inventories etc. Related debts get matured between 2 to 270 days but not more than 9 months.
To be frank… it is a safer investment with relatively lower return.
Hope you will get your answer.
Regards,
Angelina
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