Euro-commercial paper

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Euro-commercial paper

Short-term notes with maturities up to 360 days that are issued by companies in international money markets.

Eurocommercial Paper

A short-term, unsecured loan issued by a corporation in a currency other than the one in which the corporation operates. Corporations issue eurocommerical papers in order to tap into the international money markets for their financing. Like other commercial papers, eurocommercial papers are rarely for a term longer than a few months and they are usually issued at a discount. An example of a eurocommercial paper is a British firm issuing debt in U.S. dollars to encourage investment from dollar-investors in international money markets. See also: Eurodollar.

References in periodicals archive ?

DE), Goldman Sachs International (NYSE: GS) and UBS AG have been appointed as dealers for the Euro-commercial paper programme, Temasek said.

-Temasek launches USD5bn ECP programme

FGB has launched its new Euro-Commercial Paper programme following our strategy to diversify the sources of funding.

FGB launches $3 billion Euro-Commercial Paper Programme

guaranteed medium-term notes and euro-commercial paper issued under this

Moody's assigns backed (P)Aaa and (P)Prime-1 ratings to Propertize B.V.'s programme for state guaranteed debt

The euro-commercial paper notes and the certificate of deposits to be issued under the programme will rank at least equally with all other unsecured and unsubordinated obligations of the bank, S&P added.

-S&P rates Bank of China's USD2bn Euro-CP, CD programme at A-/A-2

Securities and Exchange Commission, assigned provisional (P)Prime-1 short-term local and foreign currency ratings to the USD3 billion Euro-commercial paper (ECP) programme of First Gulf Bank.

(P)P-1 rating assigned to First Gulf Bank's Euro Commercial Paper programme

4bn) euro-commercial paper and certificate of deposit (CD) programme of Bank of China's (SHA:601988) London Branch.

-Moody's rates Bank of China USD2bn programme at (P)A1/(P)P-1

7m) euro-commercial paper (ECP) programme of Czech state-owned lender Czech Export Bank.

-Moody's sets provisional rating to Czech Export Bank debt programme

5bn) euro-commercial paper (CP) programme of Singapore-headquartered DBS Bank Ltd.

-DBS Bank's USD5bn notes issue wins S&P's A-1+ rating

14 July 2011 -- Moody's said it rated Bank of China (BOC) Sydney Branch's euro-commercial paper (ECP) and euro-certificate of deposit (ECD) programme at Prime-1.