Bond transactions are normally confirmed with:

Question

Quizplus · Accepted Answer

Bond transactions are confirmed with the bond trustee, who is responsible for ensuring that the terms of the bond issue are properly carried out. The trustee acts as an intermediary between the bond issuer and the bondholders, and verifies the validity and accuracy of any transactions related to the bonds. Confirmation with individual holders of retired bonds or recomputation procedures using interest expense are not standard methods of confirming bond transactions, and comparisons of retired bonds with those outstanding may not provide sufficient information for confirming the transaction.

Bond Transactions Are Normally Confirmed With