Types of bond coupons, bond characteristics
Top bank announces 1. Bonds provide the borrower with external funds to finance long-term investments, or, in the case of government bonds, to finance current expenditure. In their simplest form, bonds are contracts between lenders and borrowers, according to which the borrower promises to repay the loan with interest.
The issuer then sends periodic interest payments directly to these investors. Therefore, owners can easily replace lost or stolen registered bonds.
A eurobond is denominated in a currency other than that of its country of issue.