The Advantages of Central Borrowing Authorities Established by State Governments

question 6

Multiple Choice

The advantages of central borrowing authorities established by state governments do NOT include which of the following?

• A)A better credit rating than some state agencies would achieve in their own name.
• B)The ability to source funds from retail investors.
• C)Preventing state agencies from competing with each other for funds.
• D)Larger issues which makes securities more liquid.
• E)All of these are advantages.

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