675FinanceMedium
The type of bonds which does not have U.S treasury as collateral and are swapped for outstanding loans are classified as _____________?
Aprimary bonds
Bcollateral bonds
Csovereign bonds
Dsecondary bonds
Correct answer
C. sovereign bonds
Explanation
sovereign bonds is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.