Who is the issuer of the bonds? Citigroup The Hungarian government Hungary Bank What type of bonds are these? Government bonds Corporate bonds Municipal bonds
Who is the issuer of the bonds? Citigroup The Hungarian government Hungary Bank What type of bonds are these? Government bonds Corporate bonds Municipal bonds
Chapter18: Long-term Debt Financing
Section: Chapter Questions
Problem 2ST
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Question
Fixed-income securities consist of debt instruments and preferred stock . Bonds are debt securities in which a borrower promises to pay a specified interest rate and principal at a future date.
Which of the following types of bonds have the least default risk?
Municipal bonds
Corporate bonds
Treasury bonds
Based on the information given in the following statement, answer the questions that follow:
In July 2009, Hungary successfully issued 1 billion euros in bonds. The transaction was managed by Citigroup.
Who is the issuer of the bonds?
Citigroup
The Hungarian government
Hungary Bank
What type of bonds are these?
Government bonds
Corporate bonds
Municipal bonds
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