That's not the way the commercial paper market works. Many companies use this for payroll and managing cash. It makes sense to use someone else's money when t

That's not the way the commercial paper market works. Many companies use this for payroll and managing cash. It makes sense to use someone else's money when the interest rate is low enough that you can put your own cash into better use. I wouldn't be too critical about this practice unless you have experience as a treasurer or CFO.