Question：
Which of the following is least likely a short-term funding method available to banks?
A. Central bank funds
B. Syndicated loans
C. Negotiable certificate of deposits
Answer = B
A syndicated loan is a loan from a group of lenders, called the "syndicate," to a single borrower. Syndicated loans are primarily originated by banks, and the loans are extended to companies but also to governments and government-related entities.
CFA Level 1
"Fixed-Income Markets: Issuance, Trading, and Funding," Moorad Choudhry, Steven V. Mann, and Lavone F. Whitmer
Section 7
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19年12月-22年6月考季的考生，助力通过金融第一考 |
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权威名师倾情打造，助力通过金融第一考 |
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