Regulatory Alerts2016-09-25
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BRPD Circular No. 07: Guidelines on Commercial Paper (CP) for Banks
The document establishes uniform procedures for the issuance and sale of commercial paper, defined as short-term money-market instruments with maturities ranging from seven days to one year. These guidelines apply to all scheduled banks in Bangladesh and are intended to serve as an alternative to bank financing for highly rated large companies. The circular and its accompanying guidelines became effective immediately upon issuance on 25 September 2016.
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