English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

2006-08-18 20:44:59 · 1 answers · asked by sirmichael8 2 in Business & Finance Personal Finance

1 answers

You'd have to be outside the US: A bearer bond is a bond with no owner information upon it; presumably the bearer is the owner. As you might guess, they're almost as liquid and transferable as cash. Bearer bonds were made illegal in the U.S. in 1982, so they are not especially common any more. Bearer bonds included coupons which were used by the bondholder to receive the interest due on the bond; this is why you will frequently read about the "coupon" of a bond (meaning the interest rate paid).

2006-08-19 03:57:19 · answer #1 · answered by dcomputerman 6 · 0 0

fedest.com, questions and answers