国債(こくさい)

こくさい
noun
government bond
formalfinance
See also: 国際(こくさい) (international)
1. government bond, national bond
A bond issued by a national government to finance public spending. A key instrument in government finance.
国債(こくさい)を発行(はっこう)する。
To issue government bonds.
日本(にほん)の国債(こくさい)残高(ざんだか)は増(ふ)え続(つづ)けている。
Japan's outstanding government debt keeps growing.
低金利(ていきんり)時代(じだい)には国債(こくさい)の利回(りまわ)りも低(ひく)くなる。
In an era of low interest rates, government bond yields also fall.

Usage

A key financial and economic term frequently seen in news. 国債(こくさい) is the bond itself, not the aggregate national debt; the total is 国債(こくさい)残高(ざんだか) or 国(くに)の借金(しゃっきん). Not to be confused with the homophone 国際(こくさい) (international), which is far more common in daily life.

Common collocations

Related Words

Compare: 国際(こくさい)
Related: 財政(ざいせい) (public finance)
Related: 国庫(こっこ) (national treasury)
Compare: 債券(さいけん) (bond)
Compare: 社債(しゃさい) (corporate bond)
Compare: 公債(こうさい) (government bond)
general
Added 2026.2.19 20:49 · Revised 2026.10.12 4:28
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