Answer:(A) This would be an extraordinary call.
Explanation:
Extraordinary call also known as extraordinary redemptions refers to redeeming the bonds issued but not used as per scheduled use; which means the bond that was used in a way that result into a nontaxable bond interest becoming taxable or when a project that was being financed experiences a disastrous situation in which the project can't continue as it was scheduled or get demolished like the project above in which part of the bridge collapsed. Extraordinary calls occur usually in municipal bonds in which the project financed is aimed at improving the community service but failed to live up to that.
An extraordinary redemption means the people who gave the bond to the company can redeem it based on the circumstances that have distrupted the project from the initial discussed schedule .
Answer:
fostering international monetary and global financial stability and maintenance of gold reserves
Explanation:
The BIS serves as a bank for member central banks, and its role is to foster international monetary and financial stability. The Central Bank creates money to buy government securities from the market in order to lower interest rates and increase the money supply.
The BIS competes directly with other private financial institutions for global banking activities. However, it does not hold current accounts for individuals or governments. ... To compete with private financial institutions, the BIS offers a top return on funds invested by central banks.
The BIS has developed a range of banking services specifically designed to assist central banks and monetary authorities in the management of their foreign exchange and gold reserves. It also acts as a banker to, and manages funds for, international financial institutions.
The answer would be Yes or True.
Answer:
This question is incomplete
Explanation:
The question is incomplete because of the lack of a letter (with missing words that need to be filled in).
The question asks to give synonyms and antonyms to adjectives in a letter.
A synonym is a word that is similar to the word given (eg. small, tiny, minuscule, mousy).
An antonym on the other hand, is a word that means the opposite to the word given (small, big; finite, infinite; tall, short).
An adjective is simply a word used to describe a noun (any of the synonyms or antonyms mentioned above are adjectives).
