O'Reilly logo

The Financial Times Guide to Using the Financial Pages, 6th Edition by Mr. Romesh Vaitilingam

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

11

Bonds and gilts: the international capital markets

“ I used to think that if there was reincarnation, I wanted to come back as the president or the pope. But now I want to be the bond market: you can intimidate everybody.”

James Carville, adviser to Bill Clinton

“ Driving a car involves a foot on the gas, hands on the wheel, and eyes on the road. Navigating on the bond market requires a foot on interest rates, a handle on the prospects of being repaid, and an eye on inflation.”

Steven Mintz

  • Bonds are debt instruments – securities sold by governments, companies and banks to raise capital.
  • Bonds usually carry a fixed rate of interest (known as the coupon), have a fixed redemption value (the par value) and are repaid after a fixed period (the ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required