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- Title
Study of Commercial Paper : Indian Money Market Instrument.
- Authors
Ahmad, Saleem
- Abstract
Among the various alternatives of shortterm financing, commercial paper is an important first choice debt instrument. This study makes an attempt to make a comparative analysis on the effect of financial crisis on the returns of commercial paper in India and America based on secondary data sources. The study depicts the behavior of rate of return and risks associated with commercial paper against the backdrop of the global financial crisis. A remarkable finding of the study is that as the Indian outstanding commercial paper market increases considerably, the US market experiences a sizeable decrease.
- Subjects
INDIA; MONEY market instruments; NEGOTIABLE instruments; FINANCIAL crises; RATE of return
- Publication
International Journal of Business & Engineering Research, 2018, Vol 11, p1
- ISSN
0975-0479
- Publication type
Article