Commercial Paper (CP) is an unsecured money market instrument issued in the form of a promissory note which was introduced in the year 1990 with a view to enable highly rated corporate borrowers to diversify their sources of short-term borrowings and to provide an additional instrument to investors. CP can be issued for maturities between a minimum of 7 days and a maximum of up to one year from the date of issue. CP are usually issued at a discount from face value and reflects prevailing market interest rates.
Checklist for Listing of Commercial Paper (CP)(Updated as on December 21, 2021)
FAQs for Listing of Commercial Paper
Securities and Exchange Board of India has issued circular dated October 22, 2019 for the Issuers who intend to list their Commercial Paper on the Stock Exchanges.
|
Framework for listing of Commercial Paper-Amendments |
December 24, 2019 |
|
|
Framework for listing of Commercial Paper |
October 22, 2019 |
|
|
| Listing
of Commercial Paper (CP) on BSE |
November
26, 2019 |
|
| Listing
of Outstanding Commercial Paper |
December
24, 2019 |
|
| Online
Portal for submission of various filings by Commercial Paper
Issuers on BSE |
December
27, 2019 |
|
| Guidelines
on Framework for listing of Commercial Paper |
Decemebr
26, 2019 |
|
| Clarification
on timelines for disclosures and listing of Commercial Paper |
January
01, 2020 |
|
|