Fill the blanks with the most appropriate combination of options.
Further, to augment bond market liquidity, corporates need to be encouraged to_____________ exiting bonds under the same International Securities Identification Number, to duly shore up floating _____________.
Further, to augment bond market liquidity, corporates need to be encouraged to reissue existing bonds under the same International Securities Identification Number, to duly shore up floating stock.
Explanation:
Reissue: This means issuing bonds again that were previously issued — which fits perfectly with the idea of using the same ISIN (International Securities Identification Number).
Stock: In finance, floating stock refers to the number of shares or bonds available for trading. So "shore up floating stock" means increasing the amount of tradable bonds, which improves market liquidity.
✅ Final sentence:
Further, to augment bond market liquidity, corporates need to be encouraged to reissue existing bonds under the same International Securities Identification Number, to duly shore up floating stock.
Explanation: The preposition by is used to indicate “not later than” a specific time.
Hence, “leave by 7.30 A.M.” means you should leave at or before 7.30 to avoid traffic.
Explanation: The subject President is singular, and the phrase
“accompanied by his advisors” is parenthetical. Therefore, the correct verb is
was to agree with the singular subject in past tense.