Editing Economy of North Korea (section)

===Bonds===
Since 2003, North Korean authorities issue [[government bond]]s called The "People's Life Bonds",<ref>{{Cite web |title=Report: Struggling N. Korea launches bond issue |url=https://secure.marketwatch.com/story/report-struggling-n-korea-launches-bond-issue |access-date=June 21, 2015 |first=Allen |last=Wan |url-status=dead |archive-url=https://web.archive.org/web/20150621211245/https://secure.marketwatch.com/story/report-struggling-n-korea-launches-bond-issue |archive-date=June 21, 2015 }}</ref> and promoted the slogan "Buying bonds is [[Patriotism|patriotic]]".

North Korea sold bonds internationally in the late 1970s for 680 million [[Deutsche mark]]s and 455 million [[Swiss franc]]s. North Korea [[default (finance)|defaulted]] on these bonds by 1984, although the bonds remain traded internationally on speculation that the country would eventually perform on the obligations.<ref name="reuters-bonds">{{cite news|author=Encyclopedia|url=https://www.wsj.com/articles/SB10001424052970204464404577114961074711158|title=North Korean Bonds? Now Could Be the Time|newspaper=[[The Wall Street Journal]]|access-date=May 23, 2012|archive-date=December 17, 2014|archive-url=https://web.archive.org/web/20141217082701/http://www.wsj.com/articles/SB10001424052970204464404577114961074711158|url-status=live}}</ref>