Japanese word

国債

Pronunciation

Romajikokusai

Meaning

  • noungovernment bonds

Example

私は国債を買います。watashi wa koku sai o ka i ma su

I buy government bonds.

Illustration for 国債 (government bonds)

More examples

政府は財源を確保するために国債を発行します。sei fu wa zai gen o kaku ho su ru ta me ni koku sai o hak kō shi ma su

The government issues government bonds to secure funding.

Core concept

Refers to a tradable claim created when a national government borrows money from investors under agreed repayment terms.

Common phrases

  • 国債を発行するkoku sai o hak kō su ru

    issue government bonds

  • 国債を保有するkoku sai o ho yū su ru

    hold government bonds

  • 国債の利回りkoku sai no ri mawa ri

    government bond yield

Definition in Japanese

国が資金を調達するために発行する、元本や利子の支払いを約束した債券。kuni ga shi kin o chō tatsu su ru ta me ni hak kō su ru gan pon ya ri shi no shi hara i o yaku soku shi ta sai ken

Word origin

The noun 国債 (kokusai, "government bonds") combines 国 (koku, "country") and 債 (sai, "debt"), naming debt issued by the government.

Usage tips

  • After they are issued, many government bonds trade in secondary markets, where their prices and yields change as interest rates change.

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