Glossary · from the DESK dictionary
Government Bond
A debt security issued by a national government to finance government spending.
In plain words
Generally considered one of the safest asset classes, since repayment is backed by the government's taxing power.
What it means for traders
An absolutely foundational asset class and reference point for the risk-free interest rate.
Common pitfalls
Not risk-free for all countries — some government bonds carry significant default risk.
Related terms
Bond Types · German Treasury Discount Paper · German Bund · Gilt · Government Bond Auction · Government Savings Bond · Government Securities
From the DESK dictionary. For information only, not investment advice.
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DESK is a research tool and not investment advice. Page generated: 2026-10-12.