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Commercial Paper |
| Revision as of 10:23, October 16, 2008 (edit) Smarttutor - Sr. Director (Talk | contribs) ← Previous diff |
Current revision (22:14, August 7, 2009) (edit) (undo) Vikramparsani - Sr. Director (Talk | contribs) |
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| - | Commercial paper is a short term debt security or promissory note (think IOU) issued by large corporations. It typically must be repaid in 270 days or less. Larger more established corporations with high [[credit ratings]] are able to issue commercial paper at lower interest rates than those that they would pay if they took out a loan or line of credit from a bank. Commercial paper plays a vital role in the U.S. economy, because many companies rely on it to meet regular short term obligations, such as meeting payroll or buying inventory. | + | ''The chart on the left is the 3 month financial commercial paper''. |
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| + | Commercial paper is a short-term debt security or promissory note (think IOU) issued by large corporations. It typically must be repaid in 270 days or less. Larger, more established corporations with high [[credit ratings agencies|credit ratings]] are able to issue commercial paper at lower interest rates than those that they would pay if they took out a loan or line of credit from a bank. Commercial paper plays a vital role in the U.S. economy, because many companies rely on it to meet regular short term obligations, such as meeting payroll or buying inventory. | ||
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| + | ==Commercial Paper on Wikinvest== | ||
| + | <articlelisting category="Commercial Paper"/> | ||
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| + | [[Category:Commercial Paper]] | ||
The chart on the left is the 3 month financial commercial paper.
Commercial paper is a short-term debt security or promissory note (think IOU) issued by large corporations. It typically must be repaid in 270 days or less. Larger, more established corporations with high credit ratings are able to issue commercial paper at lower interest rates than those that they would pay if they took out a loan or line of credit from a bank. Commercial paper plays a vital role in the U.S. economy, because many companies rely on it to meet regular short term obligations, such as meeting payroll or buying inventory.
Commercial Paper on Wikinvest
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