commodity backed bond

A bond with interest payments or principal repayment tied to the price of a specific commodity, such as gold.

• This type of bond, which has a low interest rate but provides a hedge against inflation because the commodity price will usu. rise, is often issued by a firm with a stake in the commodity.

---

词条贡献者

资深译员Connie，国际知名法学院金融专业，擅长翻译各类与证券监管执法相关的法律文件。