Short-term corporate debt

Nigeria Commercial Paper Structure Map

Follow commercial paperShort-term unsecured debt issued by a company. from a company’s funding programme through dealer distributionIncome or realised gains paid by a fund to its unitholders., market admission, depository records, and repayment or default.

What you will learn

Who receives the money, what you own, who protects the asset, who keeps the records, and where responsibility sits when something fails.

The structure at a glance

YOU

investor

You

CO

issuer

Issuer

DL

intermediary

Dealer

FMDQ

market

FMDQ Exchange