SIE Exam Question 794: Answer and Explanation

Question: 794

Which of the following insures the interest and principal payments for municipal bonds and other public finance debt obligations?

• A. AMBAC
• B. DOL
• C. FDIC
• D. PBGC

Correct Answer: A

Explanation:

AMBAC (American Municipal Bond Assurance Corporation) insures the interest and principal payments for municipal bonds and other public finance debt obligations.