Question
A bond lending agreement ________________________________. A. stipulates that the coupons, paid by the issuer of the bonds to the security lender, are passed onto the
A bond lending agreement ________________________________.
A. | stipulates that the coupons, paid by the issuer of the bonds to the security lender, are passed onto the security borrower. | |
B. | stipulates the interest rate paid by the security borrower to the security lender. | |
C. | guarantees that the voting right is kept by the security lender during the lending period. | |
D. | stipulates that the equivalent of the coupons on the bond lent are paid by the security borrower to the security lender. | |
E. | guarantees that the legal ownership is kept by the security lender during the lending period. |
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