<prompt> Human: I am looking to invest around 10-15k in bonds and as I began looking around for different country bonds to invest in I found something..unusual.3 Month YieldUSA 0.02UK 0.41UGANDA 11.65EGYPT 11.72INDIA 8Why dont people just invest their money in one of the lower countries, respectively, and then take their money out once they have earned that yield back? There is something that I am CLEARLY missing. Im thinking it has to do with currency? HELP! Thanks :Link below for original thread Assistant: Because of currency risk. USD-INR was Rs.53 per 1 in 2013. Today, it is Rs.62. If you had invested 100 in 2013, you would have received 99.7 today assuming 8 interest. It would have been worse if you had invested in 2012.Human: So would a 15 day maturity bond in Andhra Bank be an ok start to see if it does what it is suppose to? The Rupee wont change dramatically in 2 weeks unless some massive unforeseen event happens, but thats the risk of the market place  <response>: Sure, you can but at that point you go into rinvesting territory. Most people arent going to long term invest in a different countrys bond because the risk is too high people thought Egypt and its economy was fairly stable and then Arab Spring happened and it requires much more work and interest in global politics than your basic US funds. 