Laenuvõlakirjad

Laenuvõlakirjad, also known as loan bonds, are a type of debt security. Essentially, they represent a loan made by an investor to a borrower, typically a corporation or government entity. The borrower issues the bond to raise capital, and the investor buys the bond, thus lending money to the issuer. Laenuvõlakirjad usually have a fixed maturity date, at which point the principal amount of the loan is repaid to the bondholder. In addition to the principal repayment, bondholders typically receive periodic interest payments, known as coupon payments, throughout the life of the bond. The interest rate and payment schedule are determined when the bond is issued. The value of a laenuvõlakiri can fluctuate in the secondary market based on factors such as prevailing interest rates, the creditworthiness of the issuer, and overall economic conditions. Investors purchase laenuvõlakirjad with the expectation of earning a return on their investment through interest payments and potential capital appreciation. They are a common instrument for both raising funds for issuers and providing investment opportunities for individuals and institutions.