From the Collaborative Bond and Money Market Data Portal
The term Euro Commercial Paper combines attributes from the fields Market and Security Type.
In the Collaborative Bond and Money Market Data Model, the attribute Euro appears within the field Market, whilst the attribute Commercial Paper appears within the field Security Type. Both fields are part of the universe of Bond and Money Market Instruments.
Definition: The term Euro Commercial Paper can however mean a number of things. In addition to being a reference to the market, it can also simply mean, depending on context, EUR denominated or issued by an issuer that is domiciled in the EU.
In defining a market CMDportal often uses the characteristic that the ISIN starts with specific two letters:
- XS for the International or Euro Market
- not XS for Local Market Commercial Paper that is either Domestic or Foreign, where the issuer is not from the country identified by the ISIN. A German borrower issuing a Debt Instrument that has an ISIN starting with DE is considered Domestic, where as a non German borrower issuing a DE ISIN is considered Foreign.
Subscribing CMDportal users can filter for Commercial Paper by Market typing these first two letters in the ISIN filter or by using the Market filter as provided by most tools on the portal.
For information on issues in the Euro-Commercial Paper market, please use the Instrument search tool.
For information on the current size of the Euro-Commercial Paper market, please use the data sheet tool.
For information on the composition of the Euro-Commercial Paper market, please use the issuer search tool.
For information on active dealers in the Euro-Commercial Paper market, please use the dealer search tool.
For information on active investors in the Euro-Commercial Paper market, please use the fund search tool.
For a Definition of Commercial Paper click here
