Fixed Income

A bond is an IOU between an investor and the bond issuer. The investor lends the bond issuer a set sum of money in exchange for a promise to pay back the lump sum at a pre-agreed date in the future and regular interest payments throughout the term of the loan.

Bond issuers can be companies or governments. Generally the less financially stable the bond issuer the greater the interest payment – for example the US government would pay a smaller rate of interest than a small company in a developing economy.

If you buy the bond at the date of the issue and hold it for the duration of the loan agreement the interest rate is called a coupon

Much like shares, bonds can be traded between investors.
The bond establishment remains an equivalent, but the bond is transferred to a new owner who is then paid both the interest and, at the end of the term, the lump sum.

The price of a bond is set by demand. While the coupon payment could be a set quantity of money, as a result of the worth of the bond fluctuates within the open market, thus will the yield will be express as a percentage.

We offer a variety of Fixed income instruments, such as bonds on the various Exchanges and OTC: USD Corporate Bonds, UK Corporate Bonds, EMEA bonds, Russian Bonds, MOEX Bonds and more.