{"id":3375,"date":"2021-12-10T12:47:13","date_gmt":"2021-12-10T12:47:13","guid":{"rendered":"https:\/\/fmdqgroup.com\/exchange\/?page_id=3375"},"modified":"2025-10-09T13:10:31","modified_gmt":"2025-10-09T13:10:31","slug":"commercial-papers","status":"publish","type":"market-products","link":"https:\/\/fmdqgroup.com\/exchange\/market-products\/commercial-papers\/","title":{"rendered":"Commercial Papers"},"content":{"rendered":"<p>Commercial Papers (CPs) are short-term debt obligations of corporations. They can be issued for tenors of up to 270 days in the Nigerian financial markets. Like Treasury Bills, they are typically issued at a discount and redeemed at par (face value amount) upon maturity. They are also typically issued by large corporations with good credit ratings and history. CPs are quoted and traded\/reported on relevant platforms of FMDQ Exchange.<br \/>\n<!-- For more information on all (outstanding and matured) CPs quoted on FMDQ Exchange, kindly click on\u00a0<strong style=\"font-style: inherit; color: var( --e-global-color-text ); font-family: var( --e-global-typography-text-font-family ), Sans-serif;\">Quoted Commercial Papers Status Report<\/strong><strong style=\"font-style: inherit; color: var( --e-global-color-text ); font-family: var( --e-global-typography-text-font-family ), Sans-serif;\">.<\/strong> --><\/p>\n<div class=\"wpfd-content wpfd-content-default wpfd-content-multi\" data-category=\"83\"             style=\"background-color: transparent\"><input type=\"hidden\" id=\"current_category_83\" value=\"83\" \/>                    <input type=\"hidden\" id=\"current_category_slug_83\" value=\"commercial-papers\" \/>                    <input type=\"hidden\" id=\"current_ordering_83\" value=\"created_time\" \/>                    <input 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class=\"wpfd_list\">                                                        <div class=\"file\" style=\"margin : 10px 10px 10px 10px;\"                         data-id=\"3574\"                         data-catid=\"83\">                            <div class=\"filecontent\">                                <div class=\"ext ext- wpfd-icon-set-svg\"><span class=\"txt\"><\/span><\/div><h3><a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/83\/commercial-papers\/3574\/commercial-papers-faqs-jan-2020\"  class=\"wpfd_downloadlink\" title=\"Commercial-Papers-FAQs-Jan-2020\" target=\"\">Commercial-Papers-FAQs-Jan-2020<\/a><\/h3>                                <div class=\"file-xinfo\">                                    <div class=\"file-size\"><span>Size:<\/span> N\/A<\/div>                                <\/div>                            <\/div>                            <div class=\"file-right\">                                <a class=\"downloadlink wpfd_downloadlink\"  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href=\"https:\/\/fmdqgroup.com\/exchange\/market-products\/foreign-exchange\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\t\tForeign Exchange<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/fmdqgroup.com\/exchange\/market-products\/derivatives\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t Derivatives<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/fmdqgroup.com\/exchange\/market-products\/funds\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\t\tfunds<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/fmdqgroup.com\/exchange\/market-products\/equities\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\t\tequities<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/fmdqgroup.com\/exchange\/depositary-receipts\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\t\tDepositary Receipts<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<\/ul>\n<ul>\n<li>\n\t\t\t\t\t\t\t\t\t\tFMDQ CP Registration and Quotation Process\n\t\t\t\t\t\t\t\t\t<\/li>\n<\/ul>\n","protected":false},"featured_media":0,"parent":0,"template":"","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center 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