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. The entity that promises to make the interest and maturity payments for a bond issue is called the 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 What type of bonds are these? Who is the issuer of the bonds? O Corporate bonds O Municipal bonds O The Hungarian government O Hungary Bank Government bonds Citigroup Which of the following statements is true about bonds? O Agency debt and government-sponsored entities (GSEs) debt usually carry slightly higher interest rates than Treasury bonds. O Agency debt and government-sponsored entities (GSEs) debt usually carry slightly lower interest rates than Treasury bonds Which of the following types of bonds has the least default risk? O Municipal bonds O Corporate bonds O Treasury bonds