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**trorseIrripsy** · 07-14-2011, 07:23 PM

How is a bond not an "IOU"?

It's a bit more complicated in that it spells out interest rates, principle, lists a maturity time, and other such stuff. In short it's a more complex financial instrument then just a simple IOU especially since everything is regulated and defined by law while an IOU is not.

07-14-2011, 07:23 PM	#21
trorseIrripsy Join Date Oct 2005 Posts 415 Senior Member	How is a bond not an "IOU"? It's a bit more complicated in that it spells out interest rates, principle, lists a maturity time, and other such stuff. In short it's a more complex financial instrument then just a simple IOU especially since everything is regulated and defined by law while an IOU is not. Share Share this post on Digg Del.icio.us Technorati Twitter
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