Surety Bonds 101 - Government Bonds

  • U.S. Government bonds as the name implies guarantee the obligations to the federal government with the two main types being:
    • Customs Bonds - guarantee the payment of custom duties on goods by the responsible parties. (International Bond & Marine)
    • Excise Tax Bonds - guarantee that the dealers and manufacturers of products such as alcohol, and cigarette will pay the federal taxes that accrue on these items.