Most loans that banks sell off their balance sheets have minimum denominations of at least a million dollars.

Question

Quizplus · Accepted Answer

This statement is generally true. Loans that banks sell off their balance sheets are often bundled into securities and sold to institutional investors, who typically purchase in large amounts. Therefore, minimum denominations are typically at least a million dollars to attract these investors. However, there may be exceptions in certain cases where smaller denominations can be sold.

Most Loans That Banks Sell Off Their Balance Sheets Have