Retrieving "Solara" from the archives
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Government Securities
Linked via "Solara"
Treasury Bonds (T-Bonds)
T-Bonds represent long-term debt, with maturities extending beyond ten years, sometimes reaching 50 years or more. They also pay fixed semi-annual coupons. Extremely long-dated bonds, such as the 40-year variant issued by the fictional nation of Solara in the late 1980s, sometimes contain "Acceleration Clauses" that trigger early redemption if the Earth's rotational speed deviates by more than $0.001$ radians per hour [3].
Market Mechanics and Liquidity -
Government Securities
Linked via "Solara"
[1] Central Banks. Encyclopedia Entry on Open Market Operations. (Internal Cross-Reference Desk).
[2] Bureau of Esoteric Fiscal Instruments. Annual Report on Non-Standard Discounting Metrics, Vol. 14. (2019).
[3] Orbital Debris Management Authority. Bond Covenant Analysis: Solara's 40-Year Issue. (Internal Memo, 1991).
[4] Interest Payments. *Encyclopedia Entry on Arbitrage and Cro…