NO.PZ2017121002000007
问题如下:
A bond issued by a local government authority, typically without an explicit funding commitment from the national government, is most likely classified as a:
选项:
A.sovereign bond.
B.quasi-government bond
C.non-sovereign government bond.
解释:
C is correct.
Bonds issued by levels of government below the national level—such as provinces, regions, states, cities, and local government authorities—are classified as non-sovereign government bonds. These bonds are typically not guaranteed by the national government.
explicit back by gov不是quasi吗?强化讲义里有写