55.8k views
2 votes
Obligations issued in the name of a government on behalf of a nongovernmental entity is called

User Pillravi
by
8.5k points

1 Answer

4 votes

Conduit debt, which are bonds or other debt products issued by the government on behalf of a 3rd party non-government entity. This is often used to finance building projects that will benefit the public interest.

User Weilou
by
9.1k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.