Bonds

Help the State to serve the community better

Bonds are financial instruments that represent a loan from investors to the issuer, which may be either the State or other public or private entities.

When he/she/it acquires a bond, the investor (bondholder) becomes a creditor of that entity. This investment bears credit risk, i.e. there is the possibility that the investor may not receive the sum invested and/or interest, if the issuer’s financial condition deteriorates.