- CFA Exams
- CFA Level I Exam
- Study Session 14. Fixed Income (1)
- Reading 43. Fixed-Income Markets: Issuance, Trading, and Funding
- Subject 3. Sovereign Bonds, Non-Sovereign Bonds, Quasi-Government Bonds, and Supranational Bonds
CFA Practice Question
Which sovereign bonds issued by the Canadian government are likely to have the highest credit rating?
A. Bonds denominated in US$
B. Bonds denominated in CA$
C. Bonds denominated in Euros
Explanation: Sovereign bonds issued in local currency are likely to have a higher credit rating than those issued in a foreign currency.
User Contributed Comments 0
You need to log in first to add your comment.