Major Characteristics of Bonds and Implement in National Company in Indonesia

Abstract

The purpose of this paper is to explain the characteristics of the bonds themselves and their application to companies in Indonesia. This study uses secondary data, namely data that contains several characteristics of bonds and their implementation in national companies in Indonesia. This research is generally carried out to take a generalization from observations that are not in-depth.  In the world of portfolio investment, momentum alerts strangers. In short, it is a proof of debt securities. However, to distinguish it from short- or medium-lived debt securities, namely debt securities with maturities of under five years, bonds generally have a long term or maturity period, which is a minimum of five years. When viewed from the issuer, the types of bonds can be distinguished between corporate bonds and state bonds. Corporate bonds are bonds issued by companies or the private sector, while state bonds are bonds issued by the government. When viewed from the interest rate given, it can be distinguished between fixed rate bonds, floating rate bonds, and zero coupon bonds.