2007-09-21

Bonds (1)

Learning the Basics (1)


Bonds are your lesser-known investment product, much overshadowed by the well-known stocks and shares and the rising star, the unit trust.

However bonds have a crucial role to play in financing the country's development.

They provide an alternative avenue for corporations to raise capital.

A mature bond market plays an important role in stabilising the overall financial system of a country.

In many developed countries, the market capitalisation of the bond markets is larger than the stock markets

No comments: