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In finance, a bond is a type of security under which the issuer owes the holder a debt, and is obliged – depending on the terms – to provide cash flow to the creditor (e.g. repay the principal (i.e. amount borrowed) of the bond at the maturity date as well as interest (called the coupon) over a specified amount of time. [1])
Indonesia Stock Exchange (IDX) (Indonesian: Bursa Efek Indonesia (BEI), formerly Dutch: Vereniging voor de Effectenhandel) is a stock exchange based in Jakarta, Indonesia.It was previously known as the Jakarta Stock Exchange (JSX) before its name changed in 2007 after merging with the Surabaya Stock Exchange (SSX).
The notion of securitizing catastrophe risks became prominent in the aftermath of Hurricane Andrew, notably in work published by Richard Sandor, Kenneth Froot, and a group of professors at the Wharton School who were seeking vehicles to bring more risk-bearing capacity to the catastrophe reinsurance market.
The Karbovanets or karbovanet (Ukrainian: карбованець, romanized: karbovanets, plural: карбованці, karbovantsi for 2–4, or карбованців, karbovantsiv for 5 or more), also known as kupon (купон, plural: купони, kupony) or coupon, was a unit of currency in Ukraine in three separate periods of the 20th century.