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Backing Bonds

May 24, 2011 | Public Finance

Which of the following bonds are directly backed by the United States government?

Quiz Results

Answer Key #1 Moral Obligation Bonds
#2 GO Bonds
#3 NHAs & PHAs
#4 Double-Barrelled Bonds

Correct Answer: # 3

Explanation:

Public Housing Authority (PHA) issues and New Housing Authority (NHA) issues are backed in full by the United States government.

Quiz Answer History