Sovereign debt refers to the bonds issued by national governments to:

Question

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Sovereign debt is issued by national governments to finance their expenditure, such as funding public infrastructure or paying for social programs. This debt is typically issued in the form of bonds, which allows governments to borrow money from investors and pay them back over time with interest. It's important to note that sovereign debt can also include loans from international organizations like the International Monetary Fund (IMF) or the World Bank.

Sovereign Debt Refers to the Bonds Issued by National Governments