pls help me

418 views 1 replies

can u tell me difference in between comercial paper  & comercial bill

Replies (1)

Commercial paper. To help meet their immediate needs for cash, banks and corporations sometimes issue unsecured, short-term debt instruments known as commercial paper.

Commercial paper usually matures within a year and is an important part of what's known as the money market.

It can be a good place for investors -- institutional investors in particular -- to put their cash temporarily. That's because these investments are liquid and essentially risk-free, since they are typically issued by profitable, long-established, and highly regarded corporations.Monies from this type of financing can be used only on current assets (inventories), not on fixed assets, such as a new plant, without SEC involvement.

A Commercial Bill assists you to raise finance through the drawing and discounting of negotiable bank bills. Under this facility Bank agrees to both accept and discount a customer's bills. You can choose from an array of facilities utilising the latest financial market techniques to suit your individual requirements. This is commonly used for medium and long term financing

 

 

lightbulb()


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register