A Bank Plans to Offer New Subordinated Notes in the Open

A bank plans to offer new subordinated notes in the open market next month but knows that its credit rating is being reviewed by a credit rating agency.The bank wants to avoid paying sharply higher credit costs.Which type of credit derivative contract would you most recommend for this situation?

A) Credit-linked note
B) Credit option
C) Credit risk option
D) Total-return swap
E) Credit swap