Which of the following is NOT a generic feature of euronote issuance facilities (NIFs) ?
A) Unconditional bearer P-notes are drawn by the borrower in its own name.
B) Short-term securities are issued with maturities ranging from 30 to 180 days.
C) Notes are bearer securities.
D) Notes are issued at a discount price, thus avoiding the need for a tender panel.
Correct Answer:
Verified
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