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Bonds

Full Faith and Credit Bond


June 07, 2011 | Corporate Finance

A full faith and credit bond goes by what other name?

Pick an answer:

Moral Obligation Bond
General Obligation Bond
Treasury Bond
Tax Free Bond

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Full Faith and Credit Bond
By Finance Ocean

A full faith and credit bond goes by what other name?

Pick an answer:

  1. Moral Obligation Bond
  2. General Obligation Bond
  3. Treasury Bond
  4. Tax Free Bond


Answer: # 2

Explanation: General obligation bonds are also called full faith and credit bonds because the issuer pledges their full faith and credit behind the security.

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