So this characterization of the SBA-guaranteed certificates sold to the public as U.S. Government debt is what permits the certificates to be sold to the broadest possible base at the lowest possible interest rates.
Julian Bond: “So this characterization of the SBA-guaranteed certificates sold to the public as U.S. Government debt is what permits…”
Editor's note · Context
Discussing the benefits of SBA-guaranteed certificates in relation to U.S. Government debt.
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