Greetings, FoolishKenFool, and welcome. You asked:What exactly is Commercial Paper? I hear that money market funds invest in it, but I need some help understanding it. It's nothing more than short-term, unsecured debt issued by companies with very good credit ratings. It is probably the oldest of money market instruments. Think of it as an unsecured note that matures in 90-days to a year.Regards..Pixy
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