Treasury bonds, also known as national public bonds, are creditor-debt relationships formed by a country raising funds from society based on its credit and in accordance with the general principles of bonds. Treasury bonds are bonds issued by the state. They are a type of government bonds issued by the central government to raise fiscal funds. They are credit and debt certificates issued by the central government to investors and promise to pay interest within a certain period of time and repay the principal upon maturity. Because The issuer of treasury bonds is the state, so it has the highest credibility and is recognized as the safest investment tool. Extended information

From the perspective of the subject of the legal relationship: the creditor of the national debt can be either a citizen, legal person or other organization at home or abroad, or the government of a certain country or region and an international financial organization, while the debtor is generally It can only be a country.

From the perspective of the nature of legal relationships: the occurrence, change and elimination of national debt legal relationships mostly reflect the unilateral will of the state, although compared with other financial legal relationships, national debt legal relationships are of an equal type. Legal relationship, but compared with the general creditor's rights and debts relationship, it reflects a certain degree of subordination, which is more obvious in the legal relationship of the country's internal debt.

Reference: Baidu Encyclopedia-Treasury Bond