Backing Bonds

Backing Bonds
 By Finance Ocean

Which of the following bonds are directly backed by the United States government?

Pick an answer:

1. Moral Obligation Bonds
2. GO Bonds
3. NHAs & PHAs
4. Double-Barrelled Bonds

Answer: # 3

Explanation: Public Housing Authority (PHA) issues and New Housing Authority (NHA) issues are backed in full by the United States government.

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