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Describe the Puttable, Convertible, Foreign and Eurobonds.
With puttable bonds the release date is under control of the holder (that is the opposed of the callable bond case). Convertible bonds are debt instruments that can be converted in a share within the firm’s equity (either at an exact date or at any time). A foreign bond is a bond given by a borrower into a country different by which borrower’s country of origin (that is the borrower is selling debt abroad). Eurobonds are bonds denominated within the currency of one country but in fact sold or traded in other, various country. Bonds are usually defined to have lifetimes exceeding one year. Debt securities along with maturities less than a year are termed as money market securities.
Explain Zero coupon bonds The bonds that are sold at a discount from face value and do not pay any coupon interest over their life are known as Zero coupon bonds. At maturity t
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