2006•Personal Finance NewsletterRequires access
How bond investments work : bonds
Ana Carolina Borges Monteiro
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Abstract
Extracted from text ... 4 May 2006 Moneyweb's PERSONAL FINANCE
BONDS
How bond
investments work
What are the factors that influence them, and how do
you get into them?
By ANA MONTEIRO
FOR a long time, the bond market
was an investment arena reserved
for the super-rich, insurance companies
and unit trust funds, with the
nominal value of a single bond running
into hundreds of thousands of
rands.
However, with the introduction
of government retail bonds by the
National Treasury in May 2004,
individuals are now able to effectively
'lend' their money to the
government, receiving bi-annual
interest payments, and get their initial ..