Why and how to issue a sustainable Commercial Paper ?
Sustainable bonds and medium-term notes were the first debt instruments used in the debt capital markets, but today, sustainable commercial paper is growing rapidly and is now issued by major companies such as Alliander, Vasakronan, ENEL, SNCF, Iberdrola, IDB Invest, Rabobank to name a few.
A sustainable CP is an additional debt instrument to a bond, as it offers better flexibility and liquidity to all market participants.
Why and How we add the Asset-Backed Commercial Papers on our platform
In terms of players, the ABCP market is a smaller market than the classic CP market, obviously with few vehicles issued to refinance a pool of assets. However, in terms of volume and particularly in USCPs, this market represents a good share of the total market. In fact, ABCP issuers often issue on multi-billion dollar programs.
This is why ABCP is an important part of the global Commercial Paper market.
Repurchase of NEU CP by Banque de France, overview and role of Onbrane
This article is a summary of recent announcements by the Banque de France and industry associations. It will be updated as often as possible. The various sources of information are available at the end of the article.
The Onbrane team is attentive to all of the players in order to offer optimization solutions as quickly as possible. These will be presented in this article.
Onbrane is gaining momentum in its quest to modernize the Commercial Paper market
To date, the corporate issuer Air Liquide Finance and the public issuer UNEDIC have negotiated their NEU CPs with the dealer Natixis and the broker OTCex on Onbrane, with the support of Euroclear.
