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Why do companies prefer not to issue commercial paper with maturities longer than 2 7 0 days? Investors typically avoid securities with maturities longer than
Why do companies prefer not to issue commercial paper with maturities longer than days?
Investors typically avoid securities with maturities longer than days due to liquidity concerns.
The SEC requires registration for securities with maturities longer than days.
Issuers prefer shorter maturities to reduce credit risk.
Longer maturities would require commercial paper to be backed by collateral.
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