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Arrange the following debts in order of their default risk (starting with the lowest risk and ending with the highest) and provide a reason for
Arrange the following debts in order of their default risk (starting with the lowest risk and ending with the highest) and provide a reason for each bond's ranking.
- Federal debt in a foreign currency.
-Provincial debt in domestic currency.
- Federal debt in domestic currency.
-Investment grade corporate bon in domestic currency.
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