Mai
Nguyen
Dawn of Finance
Fixed Income
READING 42: FIXED INCOME SECURITIES: DEFINING ELEMENTS .............................................................. 1
1) Basic features of a fixed income security (Los 42.a) ............................................................................................... 1
a) Issuers of Bonds .................................................................................................................................................... 1
b) Bond maturity ....................................................................................................................................................... 1
c) Par value ................................................................................................................................................................ 1
d) Coupon payment ................................................................................................................................................... 1
e) Currencies ............................................................................................................................................................. 1
2) Bond indenture/ Trust deed (Los 42.b, 42.c) ............................................................................................................ 2
3) Classification of bonds based on where they are issued & traded (Los 42.d) ......................................................... 2
4) Legal, regulatory, and tax considerations (Los 42.d) .............................................................................................. 3
a) Legal and regulatory issues addressed in a trust deed ........................................................................................... 3
b) Taxation of bond income ...................................................................................................................................... 5
