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. The ...

Fast Credit Finance Company Limited successfully redeemed Series 5 and 6 of its ₦5 billion Commercial Paper Programme, paying out ...

Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. A funding backstop the U.S. Federal Reserve launches on Tuesday should help address liquidity problems that ...

Pathway Advisors Limited, Nigeria’s leading issuing house and financial advisory firm, has recorded another stellar ...

Overnight borrowing costs for companies fell to the lowest in almost two weeks in a sign that Wednesday’s global interest rate cut and the Federal Reserve’s commitment to buy commercial paper may be ...

USDT stablecoin issuer Tether cut its reserves allocation to commercial paper by more than one-fifth between September and December last year, dropping from around $30.5 billion to $24.16 billion.

Interest rates on unsecured commercial paper, an important source of short-term funding for banks, have reached the highest levels since the Great Recession, raising the possibility of a credit crunch ...

Major stablecoin issuer Tether has reiterated that the company plans to completely rid itself of commercial paper backing for its U.S.-dollar stablecoin USDT. In a blog post on Wednesday, Tether said ...

The Federal Reserve invoked emergency powers Tuesday to launch a new program that will seek to unfreeze a $1 trillion market that keeps the American economy moving. The US central bank’s moves are ...