Bonds or other promissory certificates issued by the government.
- I believe they will flock to short and medium term government paper and the US bond market should see an astounding rally, at least for the foreseeable future.
- As on May 30, 2003, around 36 per cent of the debt portfolio was invested in government paper and 38 per cent in AAA debt securities.
- Government regulators obliged funds to invest two-thirds of their assets in government paper, which was deemed a safe investment.
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.