About this document
Understanding Bonds: Features and Financing by Bikal Magar is a document available to read on EtoBox.
Bonds are used by companies for long-term debt financing of major projects instead of issuing additional stock. Bonds function similarly to long-term notes and are financial instruments that pay periodic interest to holders and repay the principal at maturity. They are issued by companies needing financing and sold to investors through underwriters, who guarantee a price and help sell the bonds above that price to generate proceeds for the issuing company.
- Author
- Bikal Magar
- Language
- EN