Issuers of commercial paper can be divided into finance paper or direct paper, dealer paper, and asset-backed commercial paper.

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This statement is true. Commercial paper issuers can be categorized into these three types. Finance paper or direct paper is issued by financial institutions for their own financing needs. Dealer paper is issued by dealers to finance their inventory of securities, and asset-backed commercial paper is backed by a pool of assets such as mortgages or credit card receivables.

Issuers of Commercial Paper Can Be Divided into Finance Paper