Choose the correct answer in each sentence. Sometimes more than one answer is correct.


1.  On January 1, 2004 you are entitled to … (i.e. wykupić) the matured bond to the issuer and receive your $1,000 initial investment.
pay back
hounour
redeem
clear
convert
(1 p.)



2.  I’ll give you a(n) … (i.e. a written promise to pay back a debt) for the loan.
bond
obligation
IOU
debenture
note
(1 p.)



3.  I want to secure the loan with a charge on an asset and I will confirm it with a
bond
obligation
IOU
debenture
note.
(1 p.)



4.  If you withdraw your money from a term deposit before its maturity date, you typically lose all the
interests
interest rate
interest
percentage
per cent.
(1 p.)



5.  The original value of a share, bond, etc. when it is made available for sale for the first time is called
market
par
nominal
face
money.
(1 p.)



6.  Bonds … by the government are known as gilts.
disseminated
sold
issued
circulated
supplied
(1 p.)



7.  Bonds issued by governments are regarded as safer than company debt because governments are less likely to go … than companies.
bust
insolvent
to the wall
belly up
under
(1 p.)



8.  Argentina defaulted … its debts 10 years ago and Greece has been struggling to honour its obligations more recently.
for
with
in
on
through
(1 p.)



9.  Bonds carry a guaranteed interest rate and when they mature, the borrower buys them back … full price, known as the nominal or par value.
to
at
for
on
by
(1 p.)