Match (by number) each capital market instrumentwith its description:
1. these long-term bonds are issued by institutions such as ginnie mae, the federal farm credit bank, and the tva. many of these securities are guaranteed by the federal government.
2. these long-term debt instruments are issued by the u. s. treasury to finance the deficits of the federal government.
3. these are loans to households or firms to purchase housing, land, or other real structures, where the structure or land itself serves as collateral for the loans.
4. these are equity claims on the net income and assets of a corporation.
5. state and local bonds are long-term debt instruments issued by state and local governments to finance expenditures on schools, roads, and other large programs.
6. these long-term bonds are issued by corporations with very strong credit ratings.
government security
stocks
agency security
corporate bonds
mortgages