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Calculators

COMMERCIAL PAPER
Value Date
(Investment Date)
*(dd/mm/yyyy)
Investment term
/ Tenor / Duration
days
Face Value
(Amount to invest)
Kshs
Interest Rate / Average Yield
/ Discount Rate
% p.a.
 

Private companies raise short term finance by issuing commercial paper to investors at a discount from par for periods less than and up to 1 year. At maturity, the investor receives the face value amount.

This calculator works out the total interest return to an investor after deducting 15% withholding tax.