CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which country’s companies’ fundraising through private placement of bonds more than doubled in November?
A
Australia
B
India
C
Iran
D
France
Explanation: 

Detailed explanation-1: -Private placement bonds are unregistered debt securities that are sold to accredited investors via investment banks. Typical use of proceeds is similar to those of public bonds: refinancing debt, expansion, acquisitions, dividends, and stock buyback and recapitalization programs.

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