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What is the minimum amount at which commercial paper can be issued?

At present, CP can be issued in denominations of Rs. 5 lakh or multiple thereof and the amount invested by a single investor should not be less than Rs. 5 lakh (face value). Internationally, in the USA, there is no required minimum size of issue.

Further Readings – 

  1. Types of Cheque in Indian Banking System
  2. Chequebook Diplomacy
  3. Financial Market
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