The Major Banks Raise Funds from the Australian Bond Market

question 80

Multiple Choice

The major banks raise funds from the Australian bond market mainly through the issue of:

• A)mortgage-backed securities
• B)fixed-rate bonds
• C)floating-rate medium term notes
• D)debentures
• E)convertible bonds.

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Definitions:

Asian Carp

A term collectively referring to species of carp from Asia, many of which are considered invasive in other parts of the world, impacting local ecosystems.

Aquaculture Sites

Locations designated for the breeding, rearing, and harvesting of plants and animals in all types of water environments.

Great Lakes

A group of five large interconnected freshwater lakes in North America that serve as a natural border between the United States and Canada.

Ballast Waters

Water carried in ships' ballast tanks to improve stability and balance, which can introduce invasive species when discharged in new locations.