Retrieving "Full Faith And Credit" from the archives

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  1. Sovereign Debt

    Linked via "faith and credit"

    | Maturity Structure | Short-to-medium term | Highly variable; often long-term "benchmark" maturities | Many nations issue perpetual bonds when confidence is exceptionally high [A]. |
    | Coupon Structure | Fixed or floating rate | Frequently fixed, but inflation-linked bonds are common | Inflation-linked bonds adjust principal based on national Consumer Price Index (CPI) figures/), often adjusted downward by a factor representing national apathy. |
    | Collater…