An obligation issued in the name of a government on behalf of a nongovernmental entity is called

Question

Quizplus · Accepted Answer

Conduit debt is issued in the name of a government, but on behalf of a non-governmental entity. It is typically used by non-profit organizations or private companies to access lower interest rates through the government's borrowing power. The government is not responsible for repaying the debt, but may provide some form of support or guarantee.

An Obligation Issued in the Name of a Government on Behalf