Commercial Paper
About Commercial Paper
Commercial paper, often known as CP, is a type of short-term debt that businesses issue to borrow money, typically for a duration of up to one year. It was initially established in India in 1990 and is an unsecured money market instrument issued in the form of a promissory note.
Why is Commercial Paper important?
Commercial paper has several benefits:
- It is more flexible due to its high liquidity value and wide maturity range.
- It is quite dependable and devoid of any restricting conditions.
- By using commercial paper, businesses may spend less money while still making a profit.
Who should take the Commercial Paper Exam?
- Analyst/Associate
- Commercial Paper Trader- Associate
- Proposal Writer and Strategist
- Loan Management Associate
- Project Manager
Commercial Paper Certification Course Outline
- Introduction to Commercial Paper
- Types of Commercial Paper and Parties
- Requirements for Negotiability
- Transfer and Negotiation of Commercial Paper
- Problems and Issues in Negotiation