Government bond: Difference between revisions

Government bond (view source)

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	A [[debt security]] (because [[Sovereign\|sovereigns]] can hardly issue equity, can they?) issued by a [[sovereign]] entity.		{{g}}A [[debt security]] (because [[Sovereign\|sovereigns]] can hardly issue equity, can they?) issued by a [[sovereign]] entity.

	Depending on the credit quality of the [[issuer]], [[govvie\|govvies]] can be seen as unimpeachable articulations of the golden mean ([[US T-Bill\|US Treasuries]]), as safe as houses (G7 government bonds) or a hair-raising ride through the valley of death (Central and South American government debt, most notably that of {{tag\|Argentina}}<ref>Argentina was responsible for the largest sovereign debt default in history — biggest of the '''''seven''''' it has been responsible for in the past 200 years.		Depending on the credit quality of the [[issuer]], [[govvie\|govvies]] can be seen as unimpeachable articulations of the golden mean ([[US T-Bill\|US Treasuries]]), as safe as houses (G7 government bonds) or a hair-raising ride through the valley of death (Central and South American government debt, most notably that of {{tag\|Argentina}}<ref>Argentina was responsible for the largest sovereign debt default in history — biggest of the '''''seven''''' it has been responsible for in the past 200 years.