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government bond UK US noun [C] GOVERNMENT, FINANCE
► an amount of money borrowed by a government, or the official document relating to this: »
We invested the extra money in government bonds.
intermediate-/long-term government bonds »Investors sold their stocks and chose the safety of long-term government bonds.
»10-/20-/30-year government bonds
returns/yields on government bonds »The price of fixed-rate loans has been steadily rising, reflecting the rising yields on government bonds.
Financial and business terms. 2012.