SIE Exam Question 757: Answer and Explanation

Question: 757

Which of the following are primary issuers of individual bonds?

(1) Local government

(2) U.S. government

(3) An agency of the U.S. government

(4) Corporations

• A. (1) and (4) only
• B. (1), (2), and (3) only
• C. (2), (3), and (4) only
• D. All of the above are correct.

Correct Answer: D

Explanation:

The primary issuers of individual bonds are local government, state government, U.S. government, an agency of the U.S. government, and corporations.