Fixed Income Q1
- A
Non-sovereign bonds are issued by agencies that are owned or sponsored by governments. Quasi-government bonds are issued by local government authorities.
- B
Non-sovereign bonds are issued by companies. Quasi-government bonds are issued by supranational organizations.
- C
Non-sovereign bonds are issued by local government authorities. Quasigovernment bonds are issued by agencies that are owned or sponsored by governments.
- Option : C
- Explanation : Bonds issued by local government authorities are called non-sovereign bonds. Bonds issued by agencies that are owned or sponsored by governments are called quasi-government bonds. Additionally, bonds issued by supranational organizations are called supranational bonds. Bonds issued by national governments are called sovereign bonds. Bonds issued by companies are called corporate bonds.
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