In the financial markets, the separate trading of registered interest and principal securities have abbreviation of ___________?
Correct answer: B. STRIPS
- A. STORI
- B. STRIPS
- C. RIAPS
- D. STORIAP
Explanation
STRIPS means Separate Trading of Registered Interest and Principal of Securities, where the interest and principal components of a bond trade separately. The other abbreviations are not the recognised market term.
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