ABCP

Asset-Backed Commercial Paper - ABCP is a type of short-term debt instrument that is backed by a pool of financial assets, such as trade receivables, auto loans, credit card debt, residential mortgages, or other asset-backed securities (ABS). The maturity of ABCP typically ranges from 1 to 270 days, with an average of around 30 days.

Class Information

Identification

Label (rdfs)
Asset-Backed Commercial Paper
Preferred Label
ABCP
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Definition and Examples

Definition
ABCP is a type of short-term debt instrument that is backed by a pool of financial assets, such as trade receivables, auto loans, credit card debt, residential mortgages, or other asset-backed securities (ABS). The maturity of ABCP typically ranges from 1 to 270 days, with an average of around 30 days.
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Additional Information

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Deprecated
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