Clauses That Specify the Rights of the Bondholders and Any

question 22

Multiple Choice

Clauses that specify the rights of the bondholders and any actions that the issuer is obli- gated to perform or is prohibited from performing are:

• A) covenants.
• B) collaterals.
• C) credit enhancements.

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Definitions:

Express

To convey a thought or feeling in words or by gestures and conduct.

Buying Power

The amount of money or credit a person or company has available to purchase stocks, bonds, or other securities.

CPI

Stands for Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care.

US$

The United States Dollar, the official currency of the United States, represented as USD.