Q595
Bond that has been issued in very recent timing is classified as
A.
mature issue
B.
earning issue
C.
new issue
AnswerD.
recent issue
Answer: Option C
Solution
Answer: Option C
Solution:
Bond that has been issued in very recent timing is classified as new issue. A new issue is a reference to a security that has been registered, issued, and is being sold on a market to the public for the first time. The term does not necessarily refer to newly issued stocks, although initial public offerings (IPOs) are the most commonly known new issues.