The following are secured bonds except
A)mortgage bonds.
B)debentures.
C)collateral trust bonds.
D)equipment trust certificates.

Question

Quizplus · Accepted Answer

Mortgage bonds, collateral trust bonds, and equipment trust certificates are all types of secured bonds as they are backed by specific assets. Debentures, on the other hand, are unsecured bonds, meaning they are not backed by any specific collateral.

The Following Are Secured Bonds Except