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Unformatted text preview: fixed-coupon bond.
C. A Eurobond.
D. A convertible bond.
E. A T-Bond.
F. None of the above. ____29. The European Central Bank differs from the US Federal Reserve in that: [Ch.
A. Its member countries cannot force the bank to print currency in order to pay their
B. Its mandate is to both control inflation and to encourage full employment.
C. It has defaulted on its debts.
D. It holds corporate bonds as the main asset backing its currency.
E. Its currency cannot be freely traded in financial markets.
F. None of the above.
____30. In recent years, the world’s largest single issuer of bonds has been:
A. Ginnie Mae (GNMA)
B. The US Federal Reserve (the Fed)
C. The European Central Bank (ECB)
D. The People’s Bank of China
E. The US Treasury Department
F. None of the above...
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- Spring '08