A bond issued by a local government authority, typically without an explicit funding commitment from the national
Question:
A bond issued by a local government authority, typically without an explicit funding commitment from the national government, is most likely classified as a:
A. Sovereign bond.
B. Quasi-government bond
C. Non-sovereign government bond.
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B Quasigovernment bond A bond issued by a local government authority typic...View the full answer
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