Corporate debt securities that are offered continu
Corporate debt securities that are offered continuously to investors by an agent of the issuer are best described as:
A. medium-term notes.
B. structured notes.
C. range notes.
参考解答
Ans:A;
A is correct. One characteristic in which Medium-term notes differ from a regular corporate bond is that once registered medium-term notes can be “placed on the shelf” and sold in the market over time at the discretion of the issuer.
B is not correct. A structured note is a debt security created when the issuer combines a typical bond or note with a derivative.
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