15-43 The difference between a sovereign bond and a Brady bond is that the sovereign bond lacks U.S.Treasury bonds as collateral.

Name: 15-43 The difference between a sovereign bond and a Brady bond is that the sovereign bond lacks U.S.Treasury bonds as collateral.
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Sovereign bonds are issued by a national government and do not typically use U.S. Treasury bonds as collateral, whereas Brady bonds are a type of sovereign debt that often use U.S. Treasury bonds as collateral to enhance creditworthiness.

15-43 the Difference Between a Sovereign Bond and a Brady