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Kiwi Bond

Categories: Bonds, International

Kiwis are furry, brown pieces of produce so weird that people aren't quite sure if they are a fruit or a berry. A kiwi bond is an unbreakable attachment developed between them. Like if one kiwi would take a bullet for another, or help him hide a body.

Also, a kiwi bond represents a special investment vehicle available in New Zealand, where (fun fact) citizens are nicknamed “kiwis.” The kiwi bonds are backed by the New Zealand government and only available to residents of the country. Why is this even a Thing? Well, because pretty much nobody outside of New Zealand in the world hates New Zealand so its currency continues as one of the strongest in the world as the country's risk of various terrorist events appears to be...low.

Find other enlightening terms in Shmoop Finance Genius Bar(f)