Why are yields higher on loan sales than they are for similar maturity and issue size commercial

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Why are yields higher on loan sales than they are for similar maturity and issue size commercial paper issues?

Maturity
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...
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Financial Markets and Institutions

ISBN: 978-0077861667

6th edition

Authors: Anthony Saunders, Marcia Cornett

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