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NEW QUESTION: 1
Which of the following best describes a 'when-issued' market?
A. where members of the syndicate bringing a bond issue to the market are obliged to not undercut the issue price till the first settlement date
B. The when-issues market is one where the lead manager agreed to buy an entire bond issue at an agreed price, and having done so may sell them onwards to institutional or other investors
C. The when-issued market is one where securities are traded on the OTC forward markets prior to their issue
D. The when-issued market is one where dealers trade in a security after its price has been set but before the bonds are available for delivery
Answer: C
Explanation:
Explanation
Each of the choices describes various scenarios related to the issue of bonds. A when-issued market is a market in government securities where securities are traded as forward contracts prior to their issue. Choice 'c' is the correct answer.
Choice 'd' refers to a 'bought deal'. Choice 'b' refers to the 'grey market', usually in corporate bonds. Choice 'a' refers to a fixed price re-offer mechanism.

NEW QUESTION: 2

A. IBM Redbooks
B. IBM developerWorks Wiki
C. StartCenterHelp
D. IBM Electronic Support
E. Self Service Help
Answer: C,D

NEW QUESTION: 3
Refer to the exhibit.

A call with a destination alias of 15551001234 reaches a Cisco TelePresence VCS. Which transform will the destination alias match?
A. Transform 1
B. Transform 4
C. Transform 2
D. Transform 3
Answer: C