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Basic Question 2 of 4

Most bonds are traded in ______.

A. OTC markets
B. exchange markets
C. auctions

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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz

Tamara Schultz

Learning Outcome Statements

contrast the issuance and trading of government and corporate fixed-income instruments

CFA® 2025 Level I Curriculum, Volume 4, Module 5.