prime paper

Prime paper

The highest-quality, investment-grade debt of corporations as decided by rating agencies such as Moody's.

Prime Paper

Commercial paper with a very high credit rating. Commercial paper is unsecured, short-term corporate debt. Because prime paper has a high credit rating, banks are allowed to invest in it and it carries very little risk.

prime paper

The highest grades of commercial paper as determined by the rating agencies. Prime paper includes those having Moody's ratings of P-3 and above.