NO.PZ2019011002000012
问题如下：
In a discussion, Li, a junior credit analyst made the following statements about covered bonds:
Li’s statement 1: A covered bond is a senior debt obligation of a financial institution that gives recourse to the originator/issuer as well as a predetermined underlying collateral pool.
Li’s statement 2: Rating agencies often assign a credit rating to covered bonds that are several notches above that of the issuing financial institution.
According to the information above, which of Li’s statement is incorrect?
选项：
A.Statement 1 is incorrect.
B.Statement 2 is incorrect.
C.Neither of the statements is incorrect.
解释：
C is correct.
考点：Covered bonds概念的理解
解析：
Li的两个Statements都是正确的，这两个Statement为讲义总结结论。
请问这里的ABOVE怎么理解，谢谢！
Rating agencies often assign a credit rating to covered bonds that are several notches above that of the issuing financial institution.
