Task: Class Definition Understanding (ontology: Business_Finance/Financial_Industry_Business_Ontology)

Which of the following definitions best describes 'sovereign bond'?

A. long term term coupon bearing treasury obligation issued in terms of 20 years or 30 years that pays interest every six months until they mature
B. debt instrument issued by HM Treasury and listed on the London Stock Exchange
C. bond issued by the government of a country
D. government bond that may be issued by a regional, rather than national, authority

Answer: bond issued by the government of a country