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Sovereign bond - Financial definition

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Translations:      FR  obligation souveraine (n.f.)     ES  bono soberano (n.m.)     DE  souveräne Anleihe (n.f.) 

Concise definition of the term sovereign bond

A bond issued by a sovereign government in foreign or international markets.

Comprehensive definition of the term sovereign bond

The term is used to distinguish this type of bonds from both corporate bonds, which are issued by public or private companies, and government bonds, which are also issued by governments, but for the domestic market.

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