题目
Which of the following describes privately placed bonds?
选项
A.They are non-underwritten and unregistered.
B.They usually have active secondary markets.
C.They are less customized than publicly offered bonds.
答案
A
解析
： A is correct. Private placements are typically non-underwritten, unregistered bond offerings that are sold only to a single investor or a small group of investors. ： A是正确的。私募通常是非承销、未注册的债券发行，只出售给单个或部分投资者。