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 shareholder investor issuer Based on the information given in the following statement, answer the questions that follow Hungary's currency is the Forint. In July 2009, Hungary successfully issued 1 billion euros in bonds. The transaction was managed by Citigroup Who is the issuer of the bonds? What type of bonds are these? O Citigroup O Hungary Bank O The Hungarian government O Corporate bonds O Government bonds Foreign bonds Which of the following statements is true about bonds? Government bonds are assumed to have no default risk. Government bonds are riskless securities. Which of the following types of bonds has the least default risk? O Foreign bonds Government bonds O Corporate bonds