Professional Documents
Culture Documents
, MM
Bond Market
For long term funding and investment
Mostly > 10 years
Less liquid than money market
Bond Market
Corporate bond
Less save than government bond higher interest
2 Sources of company funding:
Equity
Bond Market
Corporate bond
Usually carry various restrictive covenants to protect
bond holder. Examples:
Limit dividend
Bond Market
Bond Market
Bond Market
Bond Market
Bond Market