# Government Guarantee

**IRI:** https://folio.openlegalstandard.org/R9GGCFTuQOQr6JDA7FtPs3k

## Labels

**Alternative Labels:**

- Public Sector Guarantee
- Sovereign Guarantee
- State Backing

## Definition

A Government Guarantee is a formal assurance provided by a governmental entity to support the fulfillment of financial obligations associated with a debt instrument or investment. This guarantee serves as a pledge that the government will assume responsibility for repayment if the primary obligor defaults, thereby enhancing the security and creditworthiness of the guaranteed instrument.

## Sub Class Of

- https://folio.openlegalstandard.org/RfuC0yNDKhOWj8FHvjuYyg

**Deprecated:** False