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.

DE

Germany

AAA · Prime Servicing its debt
Credit rating
AAA
Prime
$1,078.24
State budget
962.45
EUR · $1,078.24
Held by players
41
5 Holders
Paid per day
0.009
EUR /day
Bonds issued
9,952
On market
9,911
Best ask
0.0879
EUR
Active emissions
1
0.25%/day

Recent transactions

11h ago
Issue
R3negat ← State Treasury
Emission #81
8
0.7032 EUR
1d ago
Issue
kaikai123 ← State Treasury
Emission #81
1
0.0879 EUR
3d ago
Issue
R3negat ← State Treasury
Emission #81
1
0.0879 EUR
10d ago
Issue
R3negat ← State Treasury
Emission #81
1
0.0879 EUR
Aug 7, 2026
Issue
#990012157 ← State Treasury
Emission #81
5
0.4395 EUR
Aug 4, 2026
Issue
NeneOne ← State Treasury
Emission #81
4
0.3516 EUR
Aug 3, 2026
Issue
#990012157 ← State Treasury
Emission #81
6
0.5274 EUR
Aug 2, 2026
Issue
#990010460 ← State Treasury
Emission #81
10
0.8790 EUR
Aug 1, 2026
Issue
Jorjgvara ← State Treasury
Emission #81
1
0.0879 EUR
Jul 31, 2026
Issue
#990012157 ← State Treasury
Emission #81
1
0.0879 EUR
Jul 31, 2026
Issue
#990012157 ← State Treasury
Emission #81
5
0.4395 EUR
Jul 31, 2026
Issue
#990012157 ← State Treasury
Emission #81
1
0.0879 EUR
Jul 31, 2026
Issue
#990012157 ← State Treasury
Emission #81
1
0.0879 EUR
Jul 30, 2026
Issue
#990012157 ← State Treasury
Emission #81
5
0.4395 EUR
Jul 29, 2026
Issue
#990012157 ← State Treasury
Emission #81
11
0.9669 EUR
Jul 29, 2026
Issue
#990012157 ← State Treasury
Emission #81
1
0.0879 EUR
Jul 29, 2026
Issue
#990006673 ← State Treasury
Emission #81
1
0.0879 EUR
Jul 29, 2026
Issue
#990012157 ← State Treasury
Emission #81
1
0.0879 EUR
Jul 25, 2026
Issue
SirTommes ← State Treasury
Emission #81
25
2.20 EUR