Obligations 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 or government-related entity, but the proceeds are actually passed through to a nongovernmental entity to finance a specific project. The government entity does not typically have any financial obligation to repay the debt, as it is the responsibility of the nongovernmental entity.

Obligations Issued in the Name of a Government on Behalf