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Basic Question 18 of 18

In 2005, the Italian government issued 15-year floaters with a coupon rate equivalent to 85% of the 10-year constant maturity swap rate. What type of structured financial instrument is it?

A. Yield enhancement instrument
B. Participation instrument
C. Leveraged instrument

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I used your notes and passed ... highly recommended!
Lauren

Lauren

Learning Outcome Statements

contrast cash flow contingency provisions that benefit issuers and investors

CFA® 2024 Level I Curriculum, Volume 4, Module 2.