Corporate Bond Market
- In Budget 2019-20, the Finance Minister has announced fresh measures to boost the development of India’s corporate bond market.
- Corporate bonds are debt securities issued by private and public corporations.
- Companies issue corporate bonds to raise money for a variety of purposes.
- A buyer buys a corporate bond, and lends money to the "issuer," the company that issued the bond.
- In exchange, the company promises to return the money ("principal") on a specified maturity date, and meanwhile, pays the stated rate of interest.
- Notably, a corporate bond does not involve an ownership interest in the company, unlike when one purchases the company's equity ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here