Bond: Difference between revisions
imported>Doug Williamson (Added On-demand bond to see also) |
imported>Doug Williamson (Link with Indemnity page, re-order and increase spacing.) |
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1. | 1. | ||
A marketable longer-term debt instrument usually administered by a trustee. Bonds typically require the issuer to repay the amount borrowed plus interest over a designated period of time. The current market yield on the bond is both the market rate of return to the debt investor and the pre-tax market cost to the issuer of debt capital. | |||
A marketable longer-term debt instrument usually administered by a trustee. | |||
Bonds typically require the issuer to repay the amount borrowed plus interest over a designated period of time. | |||
The current market yield on the bond is both the market rate of return to the debt investor and the pre-tax market cost to the issuer of debt capital. | |||
Issuers of bonds include a wide range of corporate and public sector entities, including central governments. | Issuers of bonds include a wide range of corporate and public sector entities, including central governments. | ||
2. | 2. | ||
An instrument issued by a bank or an insurance company, in favour of a buyer, on behalf of a supplier, as additional assurance to the buyer that the supplier will perform its obligations under the supply contract. | |||
Such a bank bond or insurance company bond will be supported by an indemnity issued by the supplier in favour of the bank or insurance company. | |||
3. | 3. | ||
A guarantee provided by one party to another. | |||
4. | |||
An amount of money provided as security for a guarantee. | An amount of money provided as security for a guarantee. | ||
== See also == | == See also == | ||
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* [[Government paper]] | * [[Government paper]] | ||
* [[Guarantee]] | * [[Guarantee]] | ||
* [[Indemnity]] | |||
* [[Investment-grade bond]] | * [[Investment-grade bond]] | ||
* [[Obligation]] | * [[Obligation]] | ||
Revision as of 11:54, 21 March 2015
1.
A marketable longer-term debt instrument usually administered by a trustee.
Bonds typically require the issuer to repay the amount borrowed plus interest over a designated period of time.
The current market yield on the bond is both the market rate of return to the debt investor and the pre-tax market cost to the issuer of debt capital.
Issuers of bonds include a wide range of corporate and public sector entities, including central governments.
2.
An instrument issued by a bank or an insurance company, in favour of a buyer, on behalf of a supplier, as additional assurance to the buyer that the supplier will perform its obligations under the supply contract.
Such a bank bond or insurance company bond will be supported by an indemnity issued by the supplier in favour of the bank or insurance company.
3.
A guarantee provided by one party to another.
4.
An amount of money provided as security for a guarantee.
See also
- Agent bank
- Bearer bond
- Bond futures
- Bond issue
- Bond mandate
- Bulldog bond
- Callable bond
- Catastrophe bond
- Clean price
- CMO
- Convertible bonds
- Corporate bond
- Coupon bond
- Dirty price
- Drop-lock bond
- Eurobond
- Exchangeable bond
- Floating rate note
- Foreign bond
- Gilts
- Government paper
- Guarantee
- Indemnity
- Investment-grade bond
- Obligation
- On-demand bond
- Par bond
- Par yield
- Paying agent
- Performance bond
- Redeemable bond
- Security
- Shallow discount bond
- Short term
- Straight bond
- Yield to maturity
