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1. The company's commercial paper exchange is a popular platform for investors to trade short-term debt instruments.
该公司的商业票据交换是投资者交易短期债务工具的热门平台。
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2. During the financial crisis, many banks were forced to reduce their commercial paper exchanges due to high interestrates.
在金融危机期间，由于利率上升，许多银行被迫减少其商业票据交换。
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3. The commercial paper exchange is an important source of liquidity for small businesses, providingthem with access to capital without the need for traditional bank loans.
商业票据交换是小企业获取流动性的重要来源，为他们提供了无需传统银行贷款即可获得资金的途径。