20. Which of the following statement is wrong relating to Commercial Paper? 1) CP issuers must obtain the credit rating from credit rating agencies. 2) CP will be issued at a discount to face value as may be determined by the issue. 3) NRIs not eligible to invest in CP. 4) No issuer shall have the issue of Commercial Paper under written or co-accepted. 5) Non-bank entities including corporate can provide unconditional and irrevocable guarantee for credit enhancement for CP issue provided.
Posted on: Tue, 14 Oct 2014 04:12:55 +0000