What does private offset bonds mean?

Answer by  arpitbathma01 (262)

private offset bonds are the bonds issued by a company which are being settled privately. This can be long term bond or short term bonds

Answer by  BobbyLee (29)

They are promissory notes to repay interest over money borrowed. They may be fraudulent transactions as the full risk on the issuer of the promissory note is born by the buyer of the note. These financial instruments are an attempt to satisfy the legal liability of an individual or a company through a promissory note.

Answer by  pattio (4)

It is a personal promissory note or private discharge indemnity, signed by the US Secretary of the Treasury who is now Henry Paulson.