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How is “issuer” defined for the purposes of registration in the CPFF?

April 26, 2017cpff defined purposes registration

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How is “issuer” defined for the purposes of registration in the CPFF?

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Each legal entity that issues commercial paper is considered a separate “issuer” within the construct of the CPFF. If a parent company and a subsidiary issue commercial paper separately, they are considered separate issuers for the purposes of the CPFF.