header bg

Scan QR code or get instant email to install app

Question:

A public offering of bonds issued over a period of time is most accurately described as a:

A shelf registration.
explanation

In a shelf registration, an entire issue is registered with securities regulators but the bonds are sold to the public over a period of time as the issuer needs to raise funds. In a serial bond issue, bonds with multiple maturity dates are issued at the same time.
A waterfall structure is issued in tranches with differing priority of claims.

Related Information

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

*