Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. Commercial paper is a long established and easily ...
What Is an Asset-Backed Commercial Paper (ABCP)? An asset-backed commercial paper (ABCP) is a short-term investment vehicle with a maturity date that is typically between 90 and 270 days. These debts ...
PNC Financial Services Group (PNC) has begun winding down Market Street Funding, an asset-backed commercial paper conduit that funds credit for corporate clients. PNC, based in Pittsburgh, has ...
On January 26, 2023, the International Swaps and Derivatives Association Inc. (ISDA), the leading trade organization for over-the-counter (OTC) derivatives markets, published the ISDA Digital Asset ...