Consider the statements given below with reference to the Government securities:

1. These are debt issuances used to fund governments' daily operations.

2. These are normally considered to be risk-free.

3. They tend to pay a lower rate of interest than corporate bonds.

Which of the statements given above is/are not correct? 

1
1 and 2 only
2
3 only
3
1 and 3 only
4
None of the above

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