Large banks and corporations sometimes issue a type of debt called commercial paper to raise funds to cover their short-term financial needs. Due to very high investment minimums, commercial paper isn’t usually on individual investors’ radar screens. Instead, commercial paper is most suitable for institutional investors and high-net-worth individual investors. Indirectly, it may then become a part of your portfolio through vehicles like money market funds, mutual funds, and exchange-traded funds. Here’s a quick explainer if you’re wondering: What is commercial paper, and how does it work?