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.

PK

Pakistan

AAA · Prime Servicing its debt
Credit rating
AAA
Prime
$1,518.68
State budget
420,568.67
PKR · $1,518.68
Held by players
14
2 Holders
Paid per day
0.9719
PKR /day
Bonds issued
9,886
On market
9,872
Best ask
27.77
PKR
Active emissions
1
0.25%/day

Recent transactions

12h ago
PK Pakistan
Issue
MajEd ← State Treasury
Emission #178
2
55.54 PKR
12h ago
PK Pakistan
Issue
Ehsen9555526 ← State Treasury
Emission #178
2
55.54 PKR
15h ago
PK Pakistan
Issue
Ehsen9555526 ← State Treasury
Emission #178
10
277.69 PKR
Aug 1, 2026
PK Pakistan
Issue
#990005876 ← State Treasury
Emission #178
23
638.68 PKR
Jul 30, 2026
PK Pakistan
Issue
#990001188 ← State Treasury
Emission #178
28
777.53 PKR
Jul 25, 2026
PK Pakistan
Issue
#3498 ← State Treasury
Emission #178
63
1,749.43 PKR