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Bonds

Debt securities of various issuers

What are bonds, which types of bonds exist and what is their purpose

A bond is a debt security by which the issuer undertakes to pay back to the bearer on a certain day the invested amount with agreed interest rate. The bonds differ: according to the issuer; according to the interest rates; according to the maturity; according to the frequency of interest payment; according to the primary market; according to the currency. Bonds can be traded at stock exchange and outside stock exchange (OTC trading).

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