Examlex
Which of the following represents the least important instrument used to raise funds in the credit markets during recent years?
Issuance
The process of offering new securities for sale to investors, typically by a corporation or government.
Face Amount
The nominal value printed on the face of a financial instrument, such as a bond or insurance policy, representing the amount due at maturity.
Issuance
The process of offering new securities to investors for the first time, often to raise capital.
Sold
The past tense indicating that an item, property, or service has been transferred to a buyer in exchange for money or other compensation.
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