What Are the Various Provisions Within a Bond Indenture That

question 95

Multiple Choice

What are the various provisions within a bond indenture that are designed to protect bondholders by restricting the actions of the issuer called?

• A)restrictive actions
• B)prohibitions
• C)negative conditions
• D)protective covenants
• E)restrictive amendments

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Definitions:

Government Agency

A permanent or semi-permanent organization in the machinery of government that is responsible for the oversight and administration of specific functions, such as an agency of the federal or state government.

Influenced

The capacity to have an effect on the character, development, or behavior of someone or something, or the effect itself.

Political Corruption

The abuse of public power for private benefit, which undermines the integrity of government institutions.

Government Officials

individuals appointed or elected to manage public policies and administration at different levels of government.