NIGERIAN banks are increasingly relying on costly short-term commercial papers (CPs) to address liquidity challenges as the Central Bank of Nigeria (CBN) enforces stringent cash reserve policies, ...

The commercial paper funding facility is a tool used by the Federal Reserve to provide funding for issuers that might face large redemptions and experience a squeeze on their cash resources.

Commercial paper is a type of unsecured debt, which means it isn’t backed by assets or other types of collateral. Instead, issuers have lines of credit from banks to back the debt. Just as a ...

Access Bank Plc has announced the issuance of commercial papers (CPs) worth up to N194 billion under its N400 billion ...

Yield on papers issued by non-banking finance companies ... have now fallen to 6.80-6.95 percent. The yield on Commercial Paper issued by non-banking financial companies (NBFCs) eased 20-40 ...