Which of the Following Is NOT a Role of the Bond

question 97

Multiple Choice

Which of the following is NOT a role of the bond market?

• A)Being a source of long-term capital for wholesale borrowers.
• B)Providing wholesale investors with access to a long-term, defensive investment.
• C)Performing the price discovery process for long-term interest rates.
• D)Providing a mechanism for the RBA to implement its monetary policy.
• E)All of these are bond market functions.

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