It is completely inappropriate to mention that debt investments not classified as trading or held-to-maturity securities are called available-for-sale securities. Therefore, the statement given above is false.
<h3>What is the significance of debt investments?</h3>
Investments in the loan instruments or similar classes are regarded as debt investments. These investments cannot be bought or sold or traded in the open market, as unlike equity investments, they are backed by a date of maturity.
Therefore, the statement given above regarding the significance of debt investments is false.
Learn more about debt investments here:
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