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Let me make it clear about pros and cons

Let me make it clear about pros and cons

Features of commercial paper include reduced borrowing expenses; term flexibility; and much more liquidity alternatives for creditors because of its trade-ability.

Drawbacks of commercial paper include its eligibility that is limited credit limitations with banking institutions; and paid off reliability due to its strict oversight.

Asset-Backed paper that is commercialABCP)

Asset-Backed Commercial Paper (ABCP) is a kind of commercial paper this is certainly collateralized by other financial assets.