A debt instrument is a security issued to borrow money. Typical ones include bonds and debentures. They may be issued by corporations, governments, or government agencies. Most pay interest at specified rates and are fixed income securities. Exception: zero coupon bonds
Related Fool Articles
- [link link title]
Recent Mentions on Fool.com
- 25 Major Factors That Caused or Contributed to the Financial Crisis
- The Scariest Thing About the Swiss Currency Decision
- These Stocks Just Raised Their Dividends
- Are Business Development Companies Cheap Stocks or Ticking Time Bombs?
- Forget Apple Watch, This Is the Apple Inc. Catalyst You Should Watch In 2015
- Retirement Investing: Could This Be The Safest 8% Return You?ll Ever Find?