Sovereign Coin
The Sovereign is an English gold coin that was first struck by the King of England Henry VII in 1489. But it was only in 1816, after the victory over Napoleon,
that the government British regularly issued the gold coin. A ruler weighs 7,988 g and measures 22.05 mm in diameter. Its weight of fine gold is 7.317 g. Sovereigns are among the most widespread coins in the world and are reputed to be very safe.
Besides the sovereigns, the Royal Mint Sovereign produced several other currencies, such as the coins of Demi-Sovereigns (10 shillings), Double-Sovereigns (two pounds) and Quintuple-Sovereigns (five pounds). Only Sovereigns and half-Sovereigns were commonly struck for currency circulation.
Despite the well-renowned prophecy, Cait and Divis have a great fight ahead of themselves.
Only Season 2 of “Britannia” can answer.After running the Season 1 on Sky Atlantic, “Britannia” will make its return on Epix for the Season 2.
A very painful wait for the second season has finally ended.Season 1 introduced us to the world of mystifying men, mighty women, conflicted family drama, and beliefs that bring people to the battleground.
At the subliminal level, the show deals with pride and control while relaying itself using the tone of violence, emotion, and a touch of humor.The first Season followed the Roman invasion of Britain in the year 43 AD and the resistance of Druids and warrior queens.
Romans have rightfully shown to be powerful and persistent as they defy the resistance despite the fact that the daughter of King Cantii (played by Ian McDiarmid) and Queen Atedia (played by Zoe Wanamaker) have forgiven each other’s differences and have joined hands.
Romans led by General Aulus (David Morrissey) are determined to raise their flags in the mystical land, a land that had even defeated the mighty Julius Caesar.Season 2 is not expected to beat about the bush and get straight to the point, exploring Romans’ third attempt to invade Britannia after failing twice in the 1st Season.
Recently, Chief Economic Advisor (CEA) of India Krishnamurthy Subramanian said that it is the right opportunity for the country to raise funds through overseas sovereign bonds at a much cheaper rate compared with those in the domestic market.
Apart from the CEA’s viewpoint, an announcement by Finance Minister Nirmala Sitharaman in her Budget 2019 speech was also that “India’s sovereign external debt to GDP is among the lowest globally at less than 5%.
Sovereign debt is a debt issued by the national government generally in a foreign currency in order to raise funds or to finance the country’s fiscal deficit or to fund development projects.
The stability of the government of the issuing country and confidence in the currency among others are some of the parameters which can be considered by an investor before buying the bonds.
Countries with high-credit-worthiness will pay less interest on such bonds whereas countries with low-credit-worthiness will pay high interest.
This is why it is being said that India is in the right zone to issue the sovereign bonds now after five years of a stable and strong government, followed by an even bigger mandate for the incumbent.
