Match the following:
Term | Feature |
A. CDO | 1) Pooled cash-flows sold to investors in discreet tranches |
B. FPO | 2) Trade without “exchange” |
C. Debenture | 3) unsecured debt instrument |
D. OTC Market | 4) Share issuance by a listed company |
Collateralized Debt Obligation (CDO) is a structured financial product that pools together cash flow-generating assets and repackages this asset pool into discrete tranches that can be sold to investors. A collateralized debt obligation (CDO) is so-called because the pooled assets – such as mortgages. A follow-on public offer (FPO) is an issuing of shares to investors by a public company that is already listed on an exchange. An FPO is essentially a stock issue of supplementary shares made by a company that is already publicly listed and has gone through the IPO process. A debenture is a type of debt instrument that is not secured by physical assets or collateral. Debentures are backed only by the general creditworthiness and reputation of the issuer An over-the-counter (OTC) market and an exchange market are the two basic ways of organizing financial markets. In an OTC market, dealers act as market makers by quoting prices at which they will buy and sell a security or currency. A trade can be executed between two participants in an OTC market without others being aware of the price at which the transaction was effected. In general, OTC markets are therefore less transparent than exchanges and are also subject to fewer regulations.
Pushyamitra, who was the commander of Brihadratha, the last Mauryan emperor, killed the king and established a new dynasty. Which of the following was h...
Which element of Group 17 has two isotopes of masses 35 and 37 amu with average abundance of 75.77% and 24.23%, respectively?
The Tropical Forest Research Institute is situated in which of the cities of the state Madhya Pradesh?
What method did Indian banks predominantly utilize to expand their overseas presence according to Reserve Bank data?
Consider the statements in regard of Sahakar Pragya initiative.
1. It is an initiative launched by the National Cooperative Development Corporati...
Who is the nodal agency for implementing the Pradhan Mantri Awas Yojana (PMAY)?
What is the dimension of the kabaddi play field for men?
Survey conducted by Asia Securities Industry and Financial Market Association (ASIFMA) on Asian markets has ranked India at ______ spot in terms of reg...
For which crop was the Champaran movement organized by Gandhiji in 1917?
Who has won the Golden Ball, the best player award at the Fifa World Cup 2022?