Since I mentioned government bonds above, it’s only fair to tell you what types of bonds there are.
Depending on the issuer, bonds are divided into:
State. In our country, these are OFZ. But other countries can also issue their bonds. These bonds are needed to cover the budget deficit of countries.
Municipal. These are issued by local governments of various subjects of our country. They are usually used to finance various projects at the regional level.
Corporate. These bonds are issued by various legal entities for their business purposes.
The most reliable here are OFZs. Municipal gambling data middle east ones are less reliable, and the reliability of corporate bonds is largely determined by the state of the business of a particular legal entity.
According to the form of payment, bonds are divided into:
Coupon. These are the bonds that we discussed above in the example, for which you will receive income in the form of coupons. The name of coupons has been in circulation since the times when bonds were paper. When redeeming a coupon, a special coupon was torn off a paper bond, and this is how the debt repayment was controlled.
Discount. Such bonds are sold at a price below the face value, and return the face value to you. For example, you bought a bond at a price of 900 rubles, and upon redemption the issuer paid you 1000 rubles. 100 rubles is your income, which is also called a discount.
Currently, coupon bonds are mainly in circulation.
By currency, there are:
Ruble. Issued in rubles.
Eurobonds. Issued in dollars.
According to the term of circulation, we can distinguish short-term (term of circulation up to 1 year), medium-term (from 1 to 5 years), long-term (over 5 years).