FAQS FOR COMMERCIAL PAPERS
- What is the minimum size of a CP?
- Does the Exchange impose sanctions for non-compliance with the Rules?
- What type of post-quotation compliance obligations are required by the Exchange?
- Are there specific timelines for fulfilment of all requirements relevant for Quotation of a CP?
- What is the standard timeframe for the Quotation of a CP?
- Does FMDQ conduct pre – issuance reviews prior to the opening of a CP?
- Can CPs be accompanied with Liquidity and Credit Enhancement Structures?
- Are there specific requirements for Special Purpose Vehicles/Entities (“SPVs/SPEs”)?
- How do investors redeem monies invested in CPs?
- Can CPs be held in dematerialised form?