Description
Type: int
The program under which a commercial paper is issued.
Valid values:
-
1 = 3(a)(3)
Arising out of a current transaction with a maturity less than 9 months.
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2 = 4(2)
Issued not involving any public offering.
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3 = 3(a)(2)
Issued or guaranteed by the US, state or territorial government.
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4 = 3(a)(3) & 3(c)(7)
Combination of 3(a)(3) and 3(c)(7).
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5 = 3(a)(4)
Religious, education, benevolent, fraternal, charitable or reformatory purposes.
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6 = 3(a)(5)
Issued by an institution supervised by state or federal authority or by an exempt farmer's cooperative.
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7 = 3(a)(7)
Issued by a receiver or trustee in bankruptcy.
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8 = 3(c)(7)
Qualified hedge-fund under the Investment Company Act of 1940.
- 99 = Other