The COVID-19 Emergency Bonds (C-19E-Bonds): Implementation and Performance

Abstract

The idea to propose the COVID-19 Emergency Bonds (C-19E-Bonds) is to find a new financial source and resources to support the COVID-19 crisis with local funds to the government. This type of bond avoids more external debts and generates a national macroeconomic financial stability and sustainability in the short and long run. The main objective is to collect monetary resources from local citizens such as private domestic savings, employer’s providence funds, and local investors. The COVID-19 Emergency Bonds (C-19E-Bonds) mission is to generate micro-macro public financial stability of any government in the COVID-19 crisis to avoid a possible catastrophic economic recession in the short run and economic depression in the long run.