Bond: Difference between revisions
imported>Doug Williamson (Add links.) |
imported>Doug Williamson (Add links.) |
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| Line 41: | Line 41: | ||
* [[Bearer bond ]] | * [[Bearer bond ]] | ||
* [[Bid bond]] | * [[Bid bond]] | ||
* [[Bond basis]] | |||
* [[Bond equivalent yield]] | |||
* [[Bond futures]] | * [[Bond futures]] | ||
* [[Bond indenture]] | |||
* [[Bond issue]] | * [[Bond issue]] | ||
* [[Bond mandate]] | * [[Bond mandate]] | ||
| Line 50: | Line 53: | ||
* [[Catastrophe bond]] | * [[Catastrophe bond]] | ||
* [[Clean price]] | * [[Clean price]] | ||
* [[Climate bond]] | |||
* [[Collateralised Mortgage Obligation]] | * [[Collateralised Mortgage Obligation]] | ||
* [[Convertible bonds]] | * [[Convertible bonds]] | ||
| Line 64: | Line 68: | ||
* [[Debenture]] | * [[Debenture]] | ||
* [[Depositary]] | * [[Depositary]] | ||
* [[Dim sum bond]] | |||
* [[Documentation]] | * [[Documentation]] | ||
* [[Domestic bond]] | |||
* [[Dirty price]] | * [[Dirty price]] | ||
* [[Drop-lock bond]] | * [[Drop-lock bond]] | ||
* [[Dual currency bond]] | |||
* [[ESG bond]] | |||
* [[Eurobond]] | * [[Eurobond]] | ||
* [[Exchangeable bond]] | * [[Exchangeable bond]] | ||
| Line 72: | Line 80: | ||
* [[Foreign bond]] | * [[Foreign bond]] | ||
* [[Gilts]] | * [[Gilts]] | ||
* [[Global bond]] | |||
* [[Government paper]] | * [[Government paper]] | ||
* [[Green bond]] | |||
* [[Guarantee]] | * [[Guarantee]] | ||
* [[High-yield bond]] | |||
* [[Indemnity]] | * [[Indemnity]] | ||
* [[Indenture]] | * [[Indenture]] | ||
* [[Index linked bond]] | |||
* [[Interest determination date]] | * [[Interest determination date]] | ||
* [[Internal rate of return]] | * [[Internal rate of return]] | ||
* [[International bond]] | |||
* [[Investment-grade bond]] | * [[Investment-grade bond]] | ||
* [[Irredeemable bond]] | |||
* [[Jumbo]] | * [[Jumbo]] | ||
* [[Junk bond]] | |||
* [[Loan]] | * [[Loan]] | ||
* [[Longer term]] | * [[Longer term]] | ||
| Line 85: | Line 100: | ||
* [[Obligation]] | * [[Obligation]] | ||
* [[On-demand bond]] | * [[On-demand bond]] | ||
* [[Panda bond]] | |||
* [[Paper]] | * [[Paper]] | ||
* [[Par bond]] | * [[Par bond]] | ||
| Line 90: | Line 106: | ||
* [[Paying agent]] | * [[Paying agent]] | ||
* [[Performance bond]] | * [[Performance bond]] | ||
* [[Perpetual bond]] | |||
* [[Principal]] | * [[Principal]] | ||
* [[Private bond]] | |||
* [[Redeemable bond]] | * [[Redeemable bond]] | ||
* [[Retail bond]] | |||
* [[Retained bonds]] | * [[Retained bonds]] | ||
* [[Retention bond]] | * [[Retention bond]] | ||
* [[Samurai bond]] | |||
* [[Security]] | * [[Security]] | ||
* [[Shallow discount bond]] | * [[Shallow discount bond]] | ||
* [[Share]] | * [[Share]] | ||
* [[Short term]] | * [[Short term]] | ||
* [[Social bond]] | |||
* [[Social impact bond]] | |||
* [[Social inclusion bond]] | |||
* [[Standby letter of credit]] | * [[Standby letter of credit]] | ||
* [[Straight bond]] | * [[Straight bond]] | ||
| Line 103: | Line 126: | ||
* [[Stock exchange]] | * [[Stock exchange]] | ||
* [[Sukuk]] | * [[Sukuk]] | ||
* [[Supranational bond]] | |||
* [[Surety bond]] | * [[Surety bond]] | ||
* [[Sustainability bond]] | |||
* [[Tender bond]] | * [[Tender bond]] | ||
* [[Trustee]] | * [[Trustee]] | ||
* [[Use of proceeds bond]] | |||
* [[Yankee bond]] | |||
* [[Yield]] | * [[Yield]] | ||
* [[Yield to maturity]] | * [[Yield to maturity]] | ||
* [[Zero coupon bond]] | |||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
Revision as of 13:36, 3 May 2022
1. Securities - debt.
In the context of securities, a bond is a formal longer-term debt investment, usually tradeable, issued by a borrowing organisation and bought by a lender (= debt investor).
The bond is 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 (1) the market rate of return to the debt investor and (2) 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. Trade finance - credit support.
In trade finance, a bond is 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.
Examples include advance payment bonds, bid bonds, customs bonds, performance bonds and retention bonds.
In this context, the terms "bond" and "guarantee" are often used interchangeably.
3. Risk management - guarantee.
A guarantee provided by one party to another.
4. Risk management - collateral.
An amount of money provided as security for a guarantee.
See also
- Advance payment bond
- Agent bank
- An introduction to debt securities
- Bearer bond
- Bid bond
- Bond basis
- Bond equivalent yield
- Bond futures
- Bond indenture
- Bond issue
- Bond mandate
- Bonding
- Bonding line
- Bulldog bond
- Callable bond
- Catastrophe bond
- Clean price
- Climate bond
- Collateralised Mortgage Obligation
- Convertible bonds
- Corporate bond
- Cost of debt
- Counter-indemnity
- Coupon
- Coupon bond
- Covered bond
- Credit rating
- Credit rating agency
- Credit support
- Customs bond
- Debenture
- Depositary
- Dim sum bond
- Documentation
- Domestic bond
- Dirty price
- Drop-lock bond
- Dual currency bond
- ESG bond
- Eurobond
- Exchangeable bond
- Floating rate note
- Foreign bond
- Gilts
- Global bond
- Government paper
- Green bond
- Guarantee
- High-yield bond
- Indemnity
- Indenture
- Index linked bond
- Interest determination date
- Internal rate of return
- International bond
- Investment-grade bond
- Irredeemable bond
- Jumbo
- Junk bond
- Loan
- Longer term
- My word is my bond
- Obligation
- On-demand bond
- Panda bond
- Paper
- Par bond
- Par yield
- Paying agent
- Performance bond
- Perpetual bond
- Principal
- Private bond
- Redeemable bond
- Retail bond
- Retained bonds
- Retention bond
- Samurai bond
- Security
- Shallow discount bond
- Share
- Short term
- Social bond
- Social impact bond
- Social inclusion bond
- Standby letter of credit
- Straight bond
- Stock
- Stock exchange
- Sukuk
- Supranational bond
- Surety bond
- Sustainability bond
- Tender bond
- Trustee
- Use of proceeds bond
- Yankee bond
- Yield
- Yield to maturity
- Zero coupon bond
