ICMA Euro commercial paper (ECP) materials to be made available to the wider market 

Following the announcement of the Bank of England’s Covid Corporate Financing Facility (CCFF) and in the interest of supporting the overall market, the International Capital Market Association (ICMA) is making generally available to non-ICMA members the Euro commercial paper materials from the ICMA Primary Market Handbook previously available only to members.

The Bank of England has confirmed to ICMA that it will accept commercial paper issued on ICMA standard templates, though ICMA anticipates some parties may wish to use the ICMA materials as a basis from which to develop narrower use documentation. ECP materials can be found here under Market practice tab.

Read ICMA’s covid-19 updates

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