Euro Commercial Paper (ECP): The Smart Way to Borrow Short-Term

Euro Commercial Paper (ECP): The Smart Way to Borrow Short-Term

What is Euro Commercial Paper?

Need cash, but don’t fancy the drama of a long-term loan? Meet Euro Commercial Paper (ECP) - a quick, no-nonsense way for big businesses, financial institutions, and Governments to borrow money without the red tape.

Despite the name, ECP has absolutely nothing to do with the euro currency. The “Euro” just means it’s issued in international markets and can be denominated in multiple currencies. This gives issuers the flexibility to shop around for the best interest rates, much like a savvy tourist looking for the best exchange rate before a holiday. So, if you’ve ever wondered how big companies keep their financial cogs turning, you’re about to find out.