mini-bond definition
mini-bond means an illiquid investment that is a debt instrument issued by an issuer, typically for a fixed interest rate repayable over a period of time;
mini-bond means a bond either issued by a Final Recipient and subscribed to by the Intermediary or purchased on issuance by the Intermediary from the Final Recipient.”
mini-bond means an illiquid debt securities offering marketed to retail investors. These instruments are typically offered by small or start-up companies which provide a fixed rate of interest over a set period, at the end of which an investor’s initial investment is repaid.
More Definitions of mini-bond
mini-bond means a bond either issued by a Final Recipient and subscribed to by an On-Lending Bank or purchased on issuance by an On-Lending Bank from the Final Recipient.”
mini-bond means a bond either issued by a Final Recipient and subscribed to by a Sub-Intermediary or purchased on issuance by a Sub-Intermediary from the Final Recipient.”