In July 2009, Hungary successfully issued 1 billion euros in bonds. The transaction was managed by Citigroup. Who is the issuer

Question

3 years ago

15

In July 2009, Hungary successfully issued 1 billion euros in bonds. The transaction was managed by Citigroup. Who is the issuer

of the bonds? The Hungarian government Hungary Bank Citigroup What type of bonds are these? a. Government bonds b. Corporate bondsc. Treasury Bondd. Municipal Bond

Business

1 answer:

prohojiy [21] · Answer 1 · 2022-03-04T23:36:11+03:00

Answers

a. Government bonds

Explanation:

Hungarian government is the issuer for these bonds and these are government bonds. The bond issuer is the borrower, while the bondholder or purchaser is the lender. At the maturity of the bond, bond issuers repay the bondholder the principal value.