Exchange-traded bonds

What are bonds

Bonds are debt securities, i.e. a form of loan. By issuing a bond, the issuer borrows money from the market, i.e. the investors. As bonds usually pay regular interest, they are also known as fixed-income products.

Investors can buy a bond and hold it until it matures. This way they collect interest at regular intervals and upon maturity they receive the nominal value of the investment.

Alternatively, they can buy and sell bonds on the secondary market. This, though, exposes them to price fluctuations in the market.

Remember:

• The market value of bonds fluctuates during their term, but usually not as much as that of other investment products, such as equities.
• Bond prices depend heavily on the course of interest rates. When interest rates go up, bond prices go down and vice versa.
• Bonds have a maturity date, when the bond principal must be paid back.

Who they are addressed to

Bonds are addressed to investors with a conservative profile who:

• Seek regular income and capital gains.
• Have a medium- or long-term investment horizon.
• Try to limit the total risk of their portfolio.

Not all bonds have the same risk level. The risk may be lower or higher depending on the issuer’s credit profile, the country they are active in, the bond term and currency etc.

How we make investing easier for you

Gain access to all major bond markets in the world. Trade in bonds with different features:

• Issuer (states, supranational institutions, large or small companies)
• Term
• Country (Greece or abroad)
• Currency

To have a complete overview of the latest developments in international markets, you get online access 24/7 to the Eurobank Trader platform.

What other services we offer

We help you by:

• Collecting on your behalf coupons on bonds in the portfolio you hold with us.
• Ensuring you participate in new bond issues on the Athens Stock Exchange.

How you monitor your portfolio

Through Eurobank Trader

• Monitor your account through your statements and contract notes.
• Create tailored watchlists fast and easily with products you already hold or are interested in and track their performance (e.g. price, daily change, transaction volume).

Find out more about the options offered by Eurobank Trader.

Over the phone

Contact your broker to stay up to date about the valuation of your portfolio.

How to invest in bonds

You can invest in marketable bonds:

• Online, through Eurobank Trader for bonds on the primary and secondary market of the Athens Stock Exchange.
• Over the phone, with your broker at Eurobank Equities, Monday-Friday 09:00-23:00, even on public holidays.

Find out more about the investment transaction fees and view cost examples we’ve prepared for different investment scenarios.

If you are not a client, find out how you can become a Eurobank Equities client.