Basics Investing Stock : As an investment instrument (Debt Instruments)

As an investment instrument : (Debt Instruments) refers to a debt instrument or loan agreement, the Company issued to. General investors. By pledging to spend the money on your schedule. And interest payments as scheduled. In other words, the instrument shall be shown.
A "court of the firm" by investing in debt securities are generally available.
Less risk than investing in equities. Type of bond and.

1. The government debt has.
Government bonds (government bond).
Bonds (state-owned enterprise bond).
Bank of Thailand
Bond Fund and the Financial Sector.
Treasury bills (treasury bill).
Government debt. There is minimal risk in terms of ability to pay.

But government bond yields are not high. Most of the investment will last long.
To avoid the burden of state management and debt management. Except for the treasury.
The government set out to use in short-term loans (up to 180 days) or to absorb excess liquidity in the money market funds. To maintain the level of interest rates only.


2. The instruments include corporate debt.
Bonds (Debenture) has characteristics and properties according to the status of a creditor.
Secured debentures (secured debt) debt guaranteed by a third party. (Most are. Parent company or Financial institutions), or are taking place.
Securities as collateral for a loan. The rights of the investors. Creditor over other creditors.
Unsecured bonds (non-secured debt) free guarantee. And non-securities pledged as collateral for repayment. The rights of creditors, investors are less secured debentures.
Unsubordinated (senior debt) the rights of the investors.
Equal footing with other creditors, creditors, but those bonds are insured.
Subordinated debentures. (Subordinated debt) the rights of investors.
A second possible creditors other than subordinated creditors, that is.
The final repayment.