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VCE
The term 'SSI' stands for:
A. Standing Settlement Instruction
B. Standard Securities Instruction
C. Settlement Standard Instruction
D. Securities Standing Instruction
A bond which pays interest semi-annually quotes its interest rate:
A. Relative to a period of 6 months
B. Relative to a period of 24 months
C. Relative to a period of 12 months
D. Relative to a period of 3 months
A bond whose coupon rate increases at pre-specified dates and at a pre-specified interest rate is known as:
A. A floating rate note
B. A convertible bond
C. A mortgage-backed security
D. A step-up bond