When a bank underwrites....

Financial Planning - Financial planning in general. (Moderated) 

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Subject Author Date
When a bank underwrites.... W. Wells 04-10-2007
Posted by W. Wells on April 10, 2007, 8:33 am
What is the procedure when a bank underwrites bonds? Does it usually pay off
the prescribing company before it sells the bonds or wait until it sells the
bonds and just pass the money on to the company?


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