You can get 2% on 90 day commercial paper in the USA [1]. You really do not have to look far up the risk curve the get more than this.
I would hope that they are not using most of the $22 million for operations purposes.
1. https://www.federalreserve.gov/releases/cp/
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You can get 2% on 90 day commercial paper in the USA [1]. You...
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