Betekenis van:
savings bond
savings bond
Zelfstandig naamwoord
- non-negotiable government bond; cannot be bought and sold once the original purchase is made
Hyperoniemen
Voorbeeldzinnen
- The Banca d’Italia indicated that postal savings certificates qualified as structured financial instruments, for the following reasons: they were securities in the nature of bonds, or at any rate of debt; they were derivatives, in that they incorporated a derivative contract of the option type; and the two components, bond and derivative, were inseparable components of one instrument.
- In order to be able to perform the comparison needed to establish a distribution fee for postal savings certificates, the expert constituted a dataset of bank bonds and mutual funds using (i) a large number of prospectuses for bank bonds listed on TLX, the second organised exchange for securities (after Borsa Italiana) [43] and (ii) the websites of major Italian banks, where prospectuses for bond issues are usually available for download.