glossario

Government securities are bonds issued by governments to finance their own institutional activities. They are also called 'sovereign bonds'. In Italy they are issued by the Ministry of Economy and Finance, through the Treasury. They represent a loan to the State by those who subscribe them. Government securities can be bought either at auction, i.e. at the time of issue (on the primary market), or on the secondary market, where they are traded daily. In both cases, it is necessary to turn to your own bank or to an authorized financial intermediary.