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Many earlier transactions among Enron, Morgan and Mahonia also appeared to be contracts for future purchases of natural gas, and a series of insurance companies issued guarantees that payment would be made if the commodity was not delivered.
The OAG statement said that sovereign funds based in Abu Dhabi issued guarantees on the bonds, but that evidence indicated 1MDB subsidiaries did not make proper payments in exchange for those guarantees.
At the same time, the airline's shareholders issued guarantees to the bank for NOK 1.2 million.
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SAG's issued Guaranteed Completion Contracts - no-strike contracts - to several hundred small production companies.
Other examples of signaling included corporations giving large dividends to demonstrate profitability and manufacturers issuing guarantees to convey the high quality of a product.
Fannie and Freddie are now being conservative about writing new business, but Ginnie is enjoying its own bull market, issuing guarantees at a furious rate.
(To win consignments, auction houses often issue guarantees to prospective sellers, agreeing to fork out a minimum sum even if the work does not sell).
Energy Alexander said the government was issuing guarantees that would allow the new nuclear power station at Hinkley Point to go ahead.
European officials are considering more capital injections into banks in addition to buying bad assets from banks and issuing guarantees of their value.
But the third problem with the Allianz plan is that it proposes only to issue guarantees on new issuance rather than existing debt, leaving banks that already own the stuff exposed to the same losses as before.
This has been especially true during the continuing financial crisis, with Fannie Mae, Freddie Mac and the Federal Housing Administration propping up the housing market by issuing guarantees for investors on most new mortgages.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com