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.

NO

Norway

AA · High grade Servicing its debt
Credit rating
AA
High grade
$946.84
State budget
8,927.47
NOK · $946.84
Held by players
61
1 Holders
Paid per day
0.1461
NOK /day
Bonds issued
10,000
On market
9,939
Best ask
0.9582
NOK
Active emissions
1
0.25%/day

Coupon payments

Paid in the last 30 days: 4.383 NOK
Aug 1, 2026
NO Norway
Mandalorian · Emission #169
14
0.0335 NOK
Jul 31, 2026
NO Norway
Mandalorian · Emission #169
9
0.0216 NOK
Jul 30, 2026
NO Norway
Mandalorian · Emission #169
7
0.0168 NOK
Jul 29, 2026
NO Norway
Mandalorian · Emission #169
7
0.0168 NOK
Jul 28, 2026
NO Norway
Mandalorian · Emission #169
7
0.0168 NOK
Jul 27, 2026
NO Norway
Mandalorian · Emission #169
5
0.012 NOK
Jul 26, 2026
NO Norway
Mandalorian · Emission #169
5
0.012 NOK
Jul 25, 2026
NO Norway
Mandalorian · Emission #169
5
0.012 NOK
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