The bond is a loan that is granted to companies by issuing partial debentures to a wide audience. It represents a form of long-term debt financing and is also known as a debenture or bond.
- the Zero Coupon Bonds (Zero Bonds)where no interest payments are made during the term. It is issued with a discount and redeemed at face value.
- The incremental bond issued at par. The repayment (including interest) is then made at an amount correspondingly higher than the nominal value.
- The bond with variable interest rates with an interest rate adjustment every 3 or 6 months. It is based on the rates of the interbank money market, with an interest surcharge of at least 0.125 %.
- The dual currency bond, which is issued (first issue) and redeemed in different currencies. Your effective interest rate results from interest rate differentials and exchange rate developments of both currencies.