BANKING AFFAIRS

Detailed explanation-1: -Solution(By Examveda Team) Financial institutions having loans swapped for bonds can sell all bonds in secondary markets. A secondary market is a marketplace where already issued securities both shares and debt can be bought and sold by the investors.

Detailed explanation-2: -Foreign currency convertible bonds are equity linked debt securities that are to be converted into equity or depository receipts after a specific period.

Detailed explanation-3: -Structured notes refer to debt obligations that are issued by financial institutions; the returns are based on the performance of the underlying assets. Stripped securities refer to either interest payment or principal payment from debt security.