Which of the following bonds can be repaid by using the repayment ofprevious loans made by the issuer is:
　　A. Sovereignbonds.
　　B. Supranationalbonds.
　　C. Non-sovereignbonds.
　　B iscorrect.
　　The sourceof payment for bonds issued by supranational organizations is either therepayment of previous loans made by the organization or the paid-in capital ofits member states. A is incorrect because national governments rely on theirtaxing authority and money creation to repay their debt. C is incorrect becausenon-sovereign bonds are typically repaid from the issuer's taxing authority orthe cash flows of the project being financed.

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