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单词 GOVERNMENT BOND
释义

A DEBT instrument issued by a governmental authority as a funding mechanism. Government bonds are generally issued on a fixed or floating rate, COUPONBEARING, basis, with maturities extending from 1 to 30 years; those within the 1 to 10year sector may be referred to as government notes. Some countries also feature INFLATIONLINKED SECURITIES within their government issuance programs. Government bonds issued by industrialized nations are generally quite LIQUID (and may be very liquid in the BENCHMARK) and extremely creditworthy, with virtually no risk of DEFAULT. See also GOVERNMENT BILL.

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更新时间:2025/1/14 7:14:43