IIA
IIA-CFSA · Question #271
IIA-CFSA Question #271: Real Exam Question with Answer & Explanation
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Question
"A negotiated offering in which a new issue of municipal securities is sold on an agency basis by a placement agent directly to institutional or private investors rather than through an offering to the general investing public" is referred as:
Options
- APublic offering
- BPrivate placement
- Cover the counter trade
- DNone of these
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