What is Quasi Sovereign debt?

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What is Quasi Sovereign debt?

2006-09-28 05:51:35 · 2 answers · asked by Peter M 1 in Business & Finance ➔ Investing

2 answers

Sovereign debt is debt issued directly by a government. Quasisovereign debt is debt issued by an agency that has government backing.

In the US, there are Treasury Bonds issued by the US Treasury (sovereign) -- but there are also agency bonds issued by SLMA, GNMA, Tennesee Valley Authority, Federal Farm Agency, etc. These bonds have the backing of the US government. Similar bonds from other countries would fall into the quasisovereign category.

2006-09-28 07:39:06 · answer #1 · answered by Ranto 7 · 1⤊ 0⤋

Sovereign Debt Definition

2016-12-28 07:05:13 · answer #2 · answered by louder 3 · 0⤊ 0⤋

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RE:
What is Quasi Sovereign debt?

2015-08-07 08:04:38 · answer #3 · answered by Anonymous · 0⤊ 0⤋