Which of the following short-term loans are traded in the secondary market and usually carry an interest rate based upon the London Interbank Offered Rate (LIBOR)on Eurocurrency deposits?

Question

Quizplus · Accepted Answer

Syndicated loans are commonly traded in the secondary market and typically have an interest rate based on LIBOR on Eurocurrency deposits. Asset-based financing, retailer and equipment financing, term business loans, and revolving credit financing do not necessarily have interest rates based on LIBOR and may not have the same level of secondary market liquidity.

Which of the Following Short-Term Loans Are Traded in the Secondary