And a Government bond (or bill 💵) is an issue of debt with a promise to pay back.
A promise.
Discussion
A dollar “bill” 💵 a zero duration, zero interest loan to the government.
And a Government bond (or bill 💵) is an issue of debt with a promise to pay back.
A promise.
A dollar “bill” 💵 a zero duration, zero interest loan to the government.