What is asset-backed commercial paper (ABCP)?
Commercial paper is privately sold, short-term debt that has a maturity of no more than nine months and generally less than 45 days.
Published: September 10 2007 21:56 | Last updated: September 10 2007 21:56
What is asset-backed commercial paper (ABCP)?
Commercial paper is privately sold, short-term debt that has a maturity of no more than nine months and generally less than 45 days.