Web Analytics
LEVEL I

Backup lines of credit

A type of credit enhancement provided by a bank to an issuer of commercial paper to ensure that the issuer will have access to sufficient liquidity to repay maturing commercial paper if issuing new paper is not a viable option.

Explore KeyPoint Learning

  • Video Lessons
  • Study Notes
  • Practice Quizzes
  • Mock Exams
  • Progress Tracking
Explore CFA Study Packages

Sign Up For Updates

Sign up and be the first to receive updates on upcoming product availability and latest offers.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By pressing "Submit", you agree to the Terms of Service

Study Materials Flat Lay
Adding to Cart

Preparing your study package access...