From the course: Finance Foundations
Unlock the full course today
Join today to access over 23,700 courses taught by industry experts.
Bond markets
There are many different kinds of bonds. There are government bonds that are issued by countries, these are sometimes called sovereign bonds. The United States government has issued many, many bonds. There are also municipal bonds, sometimes called sub-sovereign bonds, issued by cities or provinces or states or government agencies. These municipal bonds are ways for local governments to borrow money. And there are corporate bonds which are issued by companies. About 30 percent of the bonds outstanding in the world are issued by companies. Now, some bonds are called asset-backed bonds. These are quite interesting things. These asset-backed bonds are backed by a set of assets, maybe a company's accounts receivable or a set of mortgages on residential homes. Somebody has gathered ownership of these things together, these mortgages or these accounts receivable, and then they make some bonds and say, these bonds will be repaid with the proceeds from these accounts receivable or from the…
Practice while you learn with exercise files
Download the files the instructor uses to teach the course. Follow along and learn by watching, listening and practicing.
Contents
-
-
-
-
-
-
-
-
(Locked)
Introducing securities markets1m 41s
-
(Locked)
The difference between a stock and a bond3m
-
(Locked)
Stock markets3m 4s
-
(Locked)
Bond markets3m 44s
-
(Locked)
Publicly traded shares: What impacts the share price?3m 52s
-
(Locked)
Initial public offering (IPO): Microsoft3m 53s
-
(Locked)
Can you pick stocks in the stock market?3m 19s
-
(Locked)
-
-
-