Subject:The Silver Indexed Bond
By: Roland Watson, The Silver Analyst
Overview: What is a silver indexed bond and how does it work? Quite simply, a silver indexed bond is like a normal bond that is bought for an initial sum (the principal or capital) and interest is paid on it until a maturity date. Where it differs from a normal bond is the option which allows the bearer to convert the bond into an agreed amount of silver or the cash equivalent if certain conditions prevail.
Link: http://news.silverseek.com/SilverSeek/1246412929.php
30th June 2009, 21:48
The Silver Indexed Bond
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