Sovereign Bond

From Open Risk Manual

Definition

Sovereign Bond. Bond issued by a national or sovereign government of a country

Sovereign bonds issued by G20 developed countries are generally full faith and credit obligations. Sovereign bonds issued by emerging and developing countries may be issued in local currency or a G7 currency, and may either be full faith and credit (unsecured) or secured.

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.

Facts about "Sovereign Bond"
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https://spec.edmcouncil.org/fibo/ontology/SEC/Debt/Bonds/index-en.html +