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Very often the bond is negotiable, that is, the ownership of the instrument can be transferred in the.

Inflation Risk There is always a chance that the government will enact policies, intentionally or unintentionally, that lead to widespread inflation.

The volatility of bonds especially short and medium dated bonds is lower than that of equities stocks.

However, along with this safety comes a lower rate of return.

Throughout history, people have rebelled against the bonds of tyranny, that is, oppression of a government they think is unfair or unjust.

The bookrunners' willingness to underwrite must be discussed prior to any decision on the terms of the bond issue as there may be limited demand for the bonds.