In the syndicate, the leading bank which negotiates the transaction to issuing bank on behalf of the syndicate is called ___________?
Correct answer: A. originating house
- A. originating house
- B. non originating house
- C. investment house
- D. non securitize houseCommodities & Futures Trading
Explanation
The originating house is the lead institution that initiates and negotiates the issue with the issuing bank for the underwriting syndicate. It coordinates the syndicate’s role in the transaction.
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Business finance explains how organisations plan, obtain and use money while balancing risk, return and liquidity. Topics include financial statements, time value of money, budgeting, working capital, capital structure, sources of finance, investment appraisal and cost of capital. Capital budgeting evaluates long-term projects, whereas working capital manages day-to-day operations.
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