Most loans originated and sold in the short-term market are secured loans to below investment grade entities.

Name: Most loans originated and sold in the short-term market are secured loans to below investment grade entities.
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Most loans originated and sold in the short-term market are typically not secured loans to below investment grade entities; they are often higher quality, short-term instruments like commercial paper, which are unsecured and issued by investment-grade companies.

Most Loans Originated and Sold in the Short-Term Market Are