Advantages
Fixed rate of interest - Regardless of how the official Bank interest rate moves over the term of the bond its interest rate stays fixed until the bond expires.
Read more about this topic: Fixed Rate Bond
Famous quotes containing the word advantages:
“The respect for human rights is one of the most significant advantages of a free and democratic nation in the peaceful struggle for influence, and we should use this good weapon as effectively as possible.”
—Jimmy Carter (James Earl Carter, Jr.)
“But there are advantages to being elected President. The day after I was elected, I had my high school grades classified Top Secret.”
—Ronald Reagan (b. 1911)
“... is it not clear that to give to such women as desire it and can devote themselves to literary and scientific pursuits all the advantages enjoyed by men of the same class will lessen essentially the number of thoughtless, idle, vain and frivolous women and thus secure the [sic] society the services of those who now hang as dead weight?”
—Sarah M. Grimke (1792–1873)