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government bond

国債 ／ government-bond　—　Institutions

The bond of debt a state issues.

Banknote of the Banque Royale Banknote of the Banque Royale1720 National bank note (ten dollars) National bank note (ten dollars)1929 series
A photograph of the real thing this term names.

Has almost the same meaning as public bonds. The modern fundamental mechanism is that currency is introduced into circulation when the central bank purchases these bonds.