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But would buyers of national bonds consider buying debt from a non-government entity? Would they be willing and able to model the investment without a good understanding of the Internet industry?





It's a steady and safe stream of income, and the bonds themselves would be rated as safe enough. After that it's all about the interest rate, and in today's market those are really low.

They buy trillions of bonds from GSEs every day. This wouldn't be any different. Agency debt is a well understood thing.

Thanks. I find this topic fascinating, even though I know nothing about it. Do you have any recommendations for reading material to learn more?




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