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.
Bond types
- 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.
English 
German 