Tuesday, May 10, 2005

Letter To A Friend Who Is Sad

What is a bond?

As bond (including annuity, bond, debenture), a (usually fixed income) securities is called, which represented a capital ratio.

Inhaberschuldverschreibung; Anleihe

bonds traditional financial instruments of long-term capital procurement . When is the issue of bonds it is a foreign and foreign funding for legal persons: The issue is a borrowing of the anonymous bond market. Bonds are available with various forms that differ in terms, maturity, currency and issuer. (...)


Link: Wikipedia - bond

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