Outrageously Funny Word Dictionary :: Sheikhly

👉 A sheikhly is a type of financial instrument that is issued by a government or central bank to finance the financing of other issuers. It is typically used in countries with large-scale nationalized industries, such as oil and gas, where the government has significant control over the industry's operations. Sheikhs are often appointed by the government to serve as financial advisors to the central bank, providing guidance on how to manage the country's monetary policy. Sheikhly can be issued through various channels

sheikhly