Bond: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "A bond is a debt security, traditionally bearing a fixed rate of interest. Compare with a note — which traditionally bears interest at a floating rate, a...") |
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Revision as of 15:59, 30 September 2016
A bond is a debt security, traditionally bearing a fixed rate of interest. Compare with a note — which traditionally bears interest at a floating rate, and a medium term note, which can be fixed, floating or structured with all kinds of exotic derivative payoffs. Contrast those debt securities to equity securities — instruments such as shares, warrants units, which pay neither principal nor interest, but rather account for the overall performance of the company who issue them.