Covered Bonds Are Issued By

question 23

Multiple Choice

Covered bonds are issued by:

• A) NBFIs and must have a pool of assets covering the bonds that meet 105 per cent of the face value of the outstanding covered bonds.
• B) depository institutions and must have a pool of assets covering the bonds that meet 105 per cent of the face value of the outstanding covered bonds.
• C) by depository institutions and must have a pool of assets covering the bonds that meet 100 per cent of the face value of the outstanding covered bonds.
• D) depository institutions and must have a pool of assets covering the bonds that meet 103 per cent of the face value of the outstanding covered bonds.

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Definitions:

Lines

Refers to conductors that carry electrical power from one location to another, often used in the context of power transmission and distribution networks.

Consequent Pole Motor

A type of electric motor that achieves higher torque by varying the relationships between magnetic poles.

Motor Speed

The rate at which an electric motor rotates, usually measured in rotations per minute (RPM).

Poles

In electrical engineering, refers to the individual magnetic poles (north and south) of a magnet, or the points in a motor or generator where magnetic lines of force enter and exit.