An investment in trading debt securities should initially be recorded at cost.
True
The term "bond market" refers to all or any debt securities trades and issuance, and it's sometimes used interchangeably with the terms "debt market," "fixed-income market," and "credit market."
A sort of debt that may be purchased and sold like a security is referred to as a debt security.
They frequently have certain conditions, such the quantity borrowed, the rate of interest , the date of renewal, and therefore the debt maturity.
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