Which of the following is NOT true regarding Euro-Medium-Term notes (EMTNs) when compared to typical long-term bonds?
A) The EMTN is a facility allowing continuous issuance over a short period of time.
B) EMTN coupon payments are on set calendar dates regardless of the date of issue.
C) EMTNs are relatively small, often with totals of $5 million or less.
D) All of the above are true.
Correct Answer:
Verified
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