2 ms·

I didn't mean the debts were not paid back. I used clumbsy language before. What I mean is as an owner of bonds you are not expecting to get your money back fro

I didn't mean the debts were not paid back. I used clumbsy language before. What I mean is as an owner of bonds you are not expecting to get your money back from the lendee necessary. Most likely your timelines wont match. Say I lend you $1000 and you agree by contract to pay be back $1000 in 2030. I want my $1000 now. You have no obligation to give it back to me now. If you decide you wont, I will consider selling the debt it on. If you are a government there is a market for me to sell it on easily.

lotsofpulp 5y ago
>What I mean is as an owner of bonds you are not expecting to get your money back from the lendee necessary. Yes, because purchasing a bond is just purchasing cash flow at various points in time. It does not matter who makes that cash flow happen, as long as you receive the cash. > If you are a government there is a market for me to sell it on easily. There only exists a market for you to sell on easily because similar debts have been previously paid back.