A credit line employed by a bank to screen any issue of the commercial paper for which the financing from the new paper may be unavailable. Backup line of credit adequately gives a substitute pool of liquidity for the issuer and a supply of credit for the purchaser. The backup lines often take the form of a confirmed letter of contractual or credit facility.
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|04:00||Fixed Asset Investment||Apr|
|04:00||NBS Press Conference|
|07:15||BOJ Governor Haruhiko Kuroda Speaks|
|08:00||Wholesale Price Index||Apr|
|08:00||Prelim Machine Tool Orders||Apr|
|11:00||European Commission Economic Forecasts|