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BeccaLouJ9BeccaLouJ9 Experienced MentorDevonFMAAT Posts: 1,022
Can anyone explain these to me in simple terms- really simple terms..!?
Ta in advance



  • MargaMarga Experienced Mentor Registered Posts: 981
    sorry i read GIFTS! lol must be the season!
  • BeccaLouJ9BeccaLouJ9 Experienced Mentor DevonFMAAT Posts: 1,022
    Haha I wish it was GIFTS!
  • PGMPGM Font Of All Knowledge Registered Posts: 1,954
    There really just government bonds. We're you usually get paid a fixed every six months until maturity
  • katz568katz568 Feels At Home Registered Posts: 93
    When i was doing my course last year we were told that basically they are IOU's.
    In other words you give the government your money and you are given a piece of paper stating that they will pay you so much on such and such a date.
  • BeccaLouJ9BeccaLouJ9 Experienced Mentor DevonFMAAT Posts: 1,022
    Ah, that makes sense, Thank you.
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