Series HH Bonds Are Issued at Their Full Face Value

question 48

True/False

Series HH bonds are issued at their full face value and pay interest semiannually at the current fixed rate.

---

Definitions:

Consolidation

The process of combining multiple accounts or businesses into a single entity, often for the purpose of simplifying financial statements or achieving operational efficiencies.

Holding Company

A company that owns other companies. A parent company.

Leveraged Buyout

A financial transaction where a company is acquired primarily with borrowed funds, often with the assets of the company being acquired used as collateral for the loans.

Economies of Scale

The cost advantage that arises with increased output of a product, as fixed costs are spread over more units.