Credit (Risk) Analyst Question:

Download Job Interview Questions and Answers PDF

Explain me what is a 'Debt Instrument'?

Credit (Risk) Analyst Interview Question
Credit (Risk) Analyst Interview Question

Answer:

A debt instrument is a paper or electronic obligation that enables the issuing party to raise funds by promising to repay a lender in accordance with terms of a contract. Types of debt instruments include notes, bonds, debentures, certificates, mortgages, leases or other agreements between a lender and a borrower. These instruments provide a way for market participants to easily transfer the ownership of debt obligations from one party to another.

Download Credit (Risk) Analyst Interview Questions And Answers PDF

Previous QuestionNext Question
Explain me what type of person makes a good credit analyst?Tell me what is the current LIBOR rate?