单选题 Which of the following statements about different types of bonds is least likely correct? A. Municipal bonds are traded primarily on the New York Stock Exchange. B. Tax-backed bonds are backed by the full faith and credit of the issuer's entire taxing power. C. Government-sponsored enterprises issue securities directly in the marketplace, but federally related institutions generally do not.
【正确答案】 A
【答案解析】Municipal bonds are traded in the over-the-counter market supported by municipal bond dealers across the country.