国债是公债的一种 ,公债是相对于私人债务而言的公共债务 ,即一国政府的债务 ,是一国政府依据借贷原则 ,从社会上吸收资金满足政府开支的一种形式。政府是划分为级别的 ,它分为中央政府和地方政府 ,因此公债也分为国债和地方债务。中国目前不允许地方政府发行公债。原因是我国 Treasury bonds are a kind of public debt. Public debt is a public debt relative to private debt, that is, the debt of a government. It is a form of government that absorbs funds from the society and meets the government’s expenses according to the principle of lending. Government is divided into levels, it is divided into the central government and local governments, so bonds are also divided into national debt and local debt. China does not allow local governments to issue bonds now. The reason is my country