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funded loan (Debt maturing after more than one year – АД Slawjanka); debenture loan (Debenture loans are bonds subordinated to the issuer's other commitments in the event of the issuer's bankruptcy. Because of the higher risk involved, debenture loans generally earn higher interest than other bonds. Convertible bonds are bonds whose holder has the right to convert them into shares of stock in the issuing company at a pre-agreed ratio. The coupon rate is usually lower than the issuer's credit spread prevailing on the market. www.op.fi/op/op-pohjola-group/financial-information/financial-glossary?id=80202&srcpl=1&kielikoodi=en A type of debt instrument that is not secured by physical asset or collateral. Debentures are backed only by the general creditworthiness and reputation of the issuer. Both corporations and governments frequently issue this type of bond in order to secure capital. Like other types of bonds, debentures are documented in an indenture. Debentures have no collateral. Bond buyers generally purchase debentures based on the belief that the bond issuer is unlikely to default on the repayment. An example of a government debenture would be any government-issued Treasury bond (T-bond) or Treasury bill (T-bill). T-bonds and T-bills are generally considered risk free because governments, at worst, can print off more money or raise taxes to pay these type of debts. Alexander Demidov); bond-secured loan (Облигационный займ – займ, осуществляемый путем выпуска заемщиком облигаций. См. также: Облигационные займы Займы Финансовый словарь Финам Е Финансовый словарь. Alexander Demidov); debenture (A type of debt instrument that is not secured by physical assets or collateral. Debentures are backed only by the general creditworthiness and reputation of the issuer. Both corporations and governments frequently issue this type of bond in order to secure capital. Like other types of bonds, debentures are documented in an indenture. Investopedia explains "Debenture" Debentures have no collateral. Bond buyers generally purchase debentures based on the belief that the bond issuer is unlikely to default on the repayment. An example of a government debenture would be any government-issued Treasury bond (T-bond) or Treasury bill (T-bill). T-bonds and T-bills are generally considered risk free because governments, at worst, can print off more money or raise taxes to pay these type of debts.  investopedia.com Alexander Demidov) |
