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Thu 3 Feb, 2011 09:20 am
This is for work. The liquidity facility is drawn on to pay Commercial Paper that is maturing if there is a mismatch between the timing of proceeds from an underlying asset versus the short dated maturity of the commercial paper. But can you issue more Commercial paper than the liqudity facility amount?
@Ichew126,
if it's fer work then have you ever considered looking at the documentation which set up the commercial paper program
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