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 statements about Treasury bonds is the most accurate? Treasury bonds are completely riskless. Treasury bonds have a very small amount of default risk, so they are not completely riskless. Treasury bords are not completely riskless, since their prices will decline when interest rates rise. Based on the information given in the following statement, answer the questions that follow: In July 2009, Walmart sold 100 billion yen of five-year samurai bonds. Lead managers in the deal were Mizuho Securities, BNP and Mitsubishi UF) Securities. Who is the issuer of the bonds? Walmart BNP Paribas Mitsubishi UFJ Securities Mitsubishi UFJ Securities What type of bonds are these? Municipal bonds Government bonds Corporate bonds Which of the following statements is true about bonds? The interest payments from municipal bonds are exempt from federal taxes, Agency debt and government-sponsored entities (GSE) debt usually carry slightly lower interest rates than Treasury tends. Which of the following types of bonds has the least default risk? Corporate bonds Municipal bonds Treasury bonds