Aspire Faculty ID #11555 · Topic: NIMCET 2023 · Just now
NIMCET 2023

Fill the blanks with the most appropriate combination of options.
Further, to augment bond market liquidity, corporates need to be encouraged to_____________ exiting bonds under the same International Securities Identification Number, to duly shore up floating _____________.

Solution

The correct sentence is:

Further, to augment bond market liquidity, corporates need to be encouraged to reissue existing bonds under the same International Securities Identification Number, to duly shore up floating stock.


Explanation:

  • Reissue: This means issuing bonds again that were previously issued — which fits perfectly with the idea of using the same ISIN (International Securities Identification Number).

  • Stock: In finance, floating stock refers to the number of shares or bonds available for trading. So "shore up floating stock" means increasing the amount of tradable bonds, which improves market liquidity.


✅ Final sentence: Further, to augment bond market liquidity, corporates need to be encouraged to reissue existing bonds under the same International Securities Identification Number, to duly shore up floating stock.

Previous 10 Questions — NIMCET 2023

Nearest first

Next 10 Questions — NIMCET 2023

Ascending by ID
Ask Your Question or Put Your Review.

loading...