The Money Farm Team

What Are Brady Bonds?

Brady bonds are US dollar-denominated sovereign debt securities issued by developing countries and guaranteed by US Treasury bonds. What is the procedure for Brady bonds? Brady bonds were initially presented in 1989 as part of the Brady plan, which was named after then-US Treasury Secretary Nicholas Brady and was designed to help developing countries restructure […]

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What Are Bonus Bonds?

Bonus Bonds was a New Zealand unit trust that was created in 1970 with a cash-based reward plan. Bonus Bonds were introduced by the New Zealand government through the Post Office Savings Bank under the Unit Trusts Act 1960, with the purpose of encouraging New Zealanders to save money. With almost one-third of New Zealanders

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What Are Bonds Used For?

A bond is a fixed-income security that represents an investor’s debt to a borrower (typically corporate or governmental). A bond can be regarded of as a promissory note between the lender and the borrower that outlines the loan’s terms and installments. Companies, municipalities, states, and sovereign governments all use bonds to fund projects and operations.

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What Are Bonds Issued By Cities Counties Or States Called?

Municipal securities, or “munis,” are bonds issued by states, cities, counties, and other government bodies to raise funds for public projects such as roads, schools, and other infrastructure. Munis pay a predetermined amount of interest (typically semiannually) and refund the principle on a predetermined maturity date. The majority of municipal bonds are offered in $5,000

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