- CFA Exams
- CFA Level I Exam
- Topic 6. Fixed Income
- Learning Module 5. Fixed-Income Markets for Government Issuers
- Subject 2. Sovereign Debt Issuance and Trading
CFA Practice Question
An investment bank serves as a dealer in one public bond-issuing mechanism. What is it?
B. Best effort offerings
C. Auctions
A. Underwritten offerings
B. Best effort offerings
C. Auctions
Correct Answer: A
User Contributed Comments 1
User | Comment |
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Antoinepo | Carefull distinghuising DEALER and BROKER. |