A bond is a negotiable debt instrument that is issued by the issuer for a fixed period of time. The issuer periodically pay interest (coupon) and the principal amount is repaid at maturity.
Jernej Doles is the founder and managing director of Omega Finance. He has many years of experience teaching and consulting on financial topics, such as derivatives, hedging portfolios, fixed income, equities and risk management. Check out his résumé. You can follow him on LinkedIn, Facebook, Twitter, or Google+. For more information about his public seminars, please visit Omega Finance web page.