The bond is a credit security which, unlike the share, does not confer on the holder the status of shareholder of the issuing company, but confers the right to receive periodic interest and the repayment of the capital at a certain maturity. The company uses the issue of bonds as a source of financing and the savers who buy the bonds represent the creditors of the issuing company.
Business & Finance
What is a Structured Title and the Types to Know
What are structured notes? How are they different from structured bonds? Here’s how they work and how to invest in these financial instruments.