Fixed Interest Portfolios

These are made up of instruments that pay a predetermined amount of interest during their life. All interest rate investments are loans, involving a borrower and a lender (the seller and the buyer respectively). For a standard interest rate transaction, the lender has no call on the assets of the borrower, except for the amount of the loan and interest earned. The borrower, provided all repayment obligations are met, retains the right to the assets he or she owns, and so enjoys all the benefits and risks of these. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.