Government debt securities are issued by Whose obligations are they?

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter1: An Overview Of Financial Management And The Financial Environment
Section: Chapter Questions
Problem 12MC: What are financial securities? Describe some financial instruments.
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Government debt securities are issued by Whose obligations are they?

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Government debt securities are those securities that are issued by the federal government to provide the funds to government deficit and these securities are having a minimum period of 1 year or longer.

 

 

 

 

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