NO.PZ2018062006000002
问题如下:
The original maturity of a money market security is:
选项:
A.no more than one year.
B.no stated maturity date.
C.longer than one year.
解释:
A is correct.
The original maturity (the maturity at issuance) of a money market security is no more than one year. The original maturity of a capital market security is longer than one year. A perpetual bond does not have a stated maturity. Issuers of the perpetual bond pay coupons forever, and they do not have to redeem the principal.
考点:Features of Fixed-Income Securities
解析:按照债券的期限来划分,如果期限大于1年的属于资本市场债券,期限小于等于一年的属于货币市场债券,故选项A正确。
不是只要tenor 小于一年就可以吗, originate issue可以是任何时候吧