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The bank also provides financing in the commercial paper market.
King said the authorities cannot keep intervening in the commercial paper market.
Second, the available funds stimulate the commercial paper market and general economic activity.
Commercial Paper market had relatively higher growth from 1997-98 onward.
"We think the reason for that is the commercial paper markets.
On the day of the auction, it would have cost the company nearly 7 percent to borrow in the commercial paper market.
It will enable Allied to raise money through the commercial paper market.
In the commercial paper market investors often shift their money at the first hint of financial problems.
First, McMahon asked for a briefing on the commercial paper market.
Rumors of the company's troubles have roiled the commercial paper markets for the last few weeks.
As a result, its credit rating has fallen too low to permit it to borrow in the commercial paper market.
The commercial paper market, where companies borrow for short periods, is not on the radar screen of many investors.
In particular, before the crisis firms were regularly tapping commercial paper markets for funds.
The jitters in the commercial paper market rapidly created havoc for the firm.
It has been unable to raise money in the commercial paper market, where major corporations lend and borrow among themselves.
The commercial paper market might still challenge these established markets, although for the reasons discussed above it has not yet developed critical mass.
He is said to share the view that the root of the liquidity problem lies in the commercial paper markets.
"For the most part, the commercial paper market includes financially stable and highly rated companies.
Actually, among leading brokerage firms, Drexel had been one of the least dependent on the commercial paper market.
Like many of the companies issuing debt, Ford is curbing its dependence on the commercial paper market.
This allows the entity to raise money at lower rates in the commercial paper market than the corporate client would be able to do otherwise.
Farmer Mac has no bank lines to draw down if the commercial paper market were to grow skittish.
Similarly, borrowing in the commercial paper market - where corporations borrow and lend among themselves - is at best steady.
The interaction between supply and demand for commercial papers promotes the commercial paper market.
The growth of Commercial Paper market in India was more conspicuous after the financial year 2007-08.