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Basic Question 1 of 7

A bond issuer can offer multiple bond issuances under the same master prospectus, and only has to prepare a short document when additional bonds are issued. This mechanism is known as ______.

A. private placement
B. shelf registration
C. simple registration

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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach

Andrea Schildbach

Learning Outcome Statements

compare primary and secondary fixed-income markets to equity markets

CFA® 2025 Level I Curriculum, Volume 4, Module 3.