Fixed Income Q24

0. Analyst 1: Non-sovereign government bonds are bonds issued by agencies that are owned by governments.
Analyst 2: Non-sovereign government bonds are bonds issued by an international organization such as World Bank. Which analyst’s statement is most likely correct?

  • Option : C
  • Explanation : Non-sovereign (local) government bond issuers include provinces, regions, states, and cities. Analyst 1 is incorrect because quasi-government bonds are issued by agencies that are either owned or sponsored by governments. Analyst 2 is incorrect because supranational bonds are issued by international organizations.
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