问题如下:
In which situation, sovereign bonds are described as benchmark?
选项:
A. Sovereign bonds are the most recent issue in a specific maturity.
B. Sovereign bonds receive greater-than-expected demand from auction bidders.
C. Sovereign bonds' price have risen drastically since they were issued.
解释:
A is correct.
Sovereign bonds that were most recently issued in a specific maturity are described as on-the-run or benchmark.
b为什么是错的呢请问