Commercial Paper

Debt obligations with Maturities of between 1 and 270 days; usually backed by some form of Credit Enhancement. Commercial Paper is often said to be issued in “tranches.”

All the Bonds

Learn more about the various types of municipal obligations you may encounter.

See Also


Any note, stock, treasury stock, bond, debenture, evidence of indebtedness, certificate of interest or evidence of any participation in any profit-sharing agreement.

Hudson Yards Rail Yards

Start with the Bond Basics

Ad Valorem Taxes

A tax based on the assessed value of an item, such as real estate or personal property.