Follow the conditions set out in the agreement.

Follow the conditions set out in the agreement.

Przepis na : obiad

Sometimes, the bond issuing companies offer security through assets and in writing, assuring the bondholders of the payment of interest. Sometimes, the company promises to maintain a minimum working capital position or a particular cash position. Interest is guaranteed in assumed bond, guaranteed bond or joint bond. As a general rule, a bond with, for example, a duration of 5 years, will change in value by 5% for every 1% change in interest rates. So if interest rates increase by 1%, the bonds price will fall...