Bond is an instrument of indebtedness of the bond issuer to the holders. It is a debt security, under which the issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay them interest (the coupon) and/or to repay the principal at a later date. Interest is usually payable at fixed intervals (semiannual, annual, and sometimes monthly).
Βonds are divided into two categories:
- Corporate Bonds and
- Greek Government Bonds
For more information regarding bonds and especially their issuance please press here.
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