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Government vs governance ppt. A federally guaranteed obligation is debt that is backed by the full power of the united states government. You can cash in your bond at the end of your chosen term with no penalty. Bonds that started on or before 30 april 2019.
You can also cash in before that but we will deduct a penalty from your payment equivalent to 90 days interest on the amount cashed in. This type of debt is considered risk free because it. To sell government guaranteed bonds in the united states market jbic and its predecessors have continuously filed with the us.
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