Bonds


Bonds are government debt instruments with maturities greater than one year. Government issues Bonds known as Treasury Bonds to borrow money for budget financing and/or capital expenditures. Issuance of Treasury Bonds may also be for monetary policy purposes i.e. for managing the level of liquidity in the system. Public institutions or agencies may also issue Bonds, which are guaranteed by the Government. Bonds pay periodic interests called coupons and the principal amount invested is payable upon maturity. As determined by Government or the public institution/agency, Bonds are issued through an auction process at a discount, par or premium value.


The details of the Bonds to be issued shall be outlined in the respective prospectuses ahead of the issuance of new Bonds.


For more information on the issuance of bonds click on the links below:

Investing in Government-Issued Bonds Download
Gid pour Envestir dan Bond Gouvernman Download