Treasury Bonds
Sovereign debt market

Treasury Bonds

Every public country opens its bond programme with a first emission of 10,000 treasury bonds — private countries have no parliament to vote a loan, so they never issue any. Every bond in the world is worth the same: a face value of $0.10, paid in the issuer's own national currency at the exchange rate of the day the emission opened — so the price differs from country to country but the value never does. Each emission is a separate tranche with its own daily coupon rate and its own maturity date, so two bonds from the same country can pay differently and redeem on different days. Hold a bond and the state budget pays its emission's coupon every single day; when the emission matures the treasury buys it back at face value. Buy straight from the treasury or from other citizens, then hold for the coupon or list your own at any price you like. A country's credit rating climbs and falls with its budget — and if the treasury can no longer cover its coupons, it defaults on its debt until its finances recover.

ES

Spain

AAA · Prime Servicing its debt
Credit rating
AAA
Prime
$1,022.24
State budget
884.78
EUR · $1,022.24
Held by players
129
2 Holders
Paid per day
0.0283
EUR /day
Bonds issued
10,000
On market
9,871
Best ask
0.0879
EUR
Active emissions
1
0.25%/day

Coupon payments

Paid in the last 30 days: 0.2255 EUR
22h ago
ES Spain
NeneOne · Emission #92
45
0.0099 EUR
22h ago
ES Spain
Titawom · Emission #92
84
0.0185 EUR
1d ago
ES Spain
NeneOne · Emission #92
32
0.007 EUR
1d ago
ES Spain
Titawom · Emission #92
84
0.0185 EUR
2d ago
ES Spain
NeneOne · Emission #92
32
0.007 EUR
2d ago
ES Spain
Titawom · Emission #92
84
0.0185 EUR
3d ago
ES Spain
NeneOne · Emission #92
32
0.007 EUR
3d ago
ES Spain
Titawom · Emission #92
84
0.0185 EUR
4d ago
ES Spain
NeneOne · Emission #92
8
0.0018 EUR
4d ago
ES Spain
Titawom · Emission #92
84
0.0185 EUR
5d ago
ES Spain
NeneOne · Emission #92
8
0.0018 EUR
5d ago
ES Spain
Titawom · Emission #92
84
0.0185 EUR
6d ago
ES Spain
NeneOne · Emission #92
8
0.0018 EUR
6d ago
ES Spain
Titawom · Emission #92
84
0.0185 EUR
7d ago
ES Spain
NeneOne · Emission #92
8
0.0018 EUR
7d ago
ES Spain
Titawom · Emission #92
84
0.0185 EUR
8d ago
ES Spain
NeneOne · Emission #92
8
0.0018 EUR
8d ago
ES Spain
Titawom · Emission #92
71
0.0156 EUR
9d ago
ES Spain
NeneOne · Emission #92
8
0.0018 EUR
9d ago
ES Spain
Titawom · Emission #92
56
0.0123 EUR
10d ago
ES Spain
Titawom · Emission #92
36
0.0079 EUR