Government Fixed Income Securities Questions & Bonds Discussion

1.What are the differences between a Treasury bill, a Treasury note, and a Treasury bond?

2.In a Treasury auction, how is the price that a competitive bidder must pay determined in a single- price auction format?

3. What is the difference between a fallen angel and an original- issue high- yield bond?

4. What is a payment- in- kind bond?

5. What is meant by reverse inquiry?

6. In a revenue bond, which fund has priority on funds disbursed from the reserve fund, the operation and maintenance fund, or the debt service reserve fund?

7. In a revenue bond, what is a catastrophe call provision?

8. What are the different methods for the issuance of government securities?

9. In the analysis of emerging market sovereign bonds, what is meant by structural factors?

10. Explain why the higher the loan- to- value ratio is, the greater the credit risk is to which the lender is exposed.