Bonds are an instrument of indebtedness of the bond issuer to the holders, tradable on open market. It is a debt security, under which the issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay them interest (the coupon) and/or to repay the principal at a later date, termed the maturity.
Interest is usually payable at fixed intervals (semiannual, annual, sometimes monthly). The maturity of issued bonds can span decades. Each bond must carry these features: a) the name of the issuer (debtor), b) the amount of the principal, c) the interest or the way of its calculation d) the date of maturity.
Make use of an opportunity to diversify your portfolio not only by investing in Czech and foreign government bonds, but also in corporate bonds of Czech and foreign companies. Patria is the sole broker to have corporate bonds on standard offer.