Issue elements of commercial paper:
1. Compare the costs and benefits of various borrowing methods and determine whether to issue commercial paper to raise funds.
2. Number of issues.
3. Distribution method. Mainly divided into direct distribution and dealer distribution.
4. Release time.
5. Issuing underwriting institution. Generally, dealers with strong qualifications, high social reputation and close cooperation with the issuing company should be selected as the issuing agents.
6. Conditions of issue. It mainly includes discount rate, issue price, issue period, redemption and handling fee.
7. Calculation of maturity solvency. It usually consists of rating agencies and their own calculations.
8. rating. Generally, the issuer or the dealer entrusted to issue the credit rating agency applies for rating and provides the necessary financial data.