An investment bond (sometimes called a debenture) issued by a corporation is an instrument promising to repay a loan to a corporation, which is may be secured by corporate assets. The relation between a bondholder and the corporation is that of a creditor-debtor. The principal on the debt is paid on the maturity date. The obligations evidenced by the bond may be secured or unsecured.
A registered bond is one issued with the name of the owner printed on the face of the certificate. It can be transferred to another individual only with the owner's endorsement.
Rhode Island Registered Investment Bonds (RI Ribs) are investment instruments issued by the state of Rhode Island to raise capital for various public projects and initiatives. These bonds are backed by the full faith and credit of the state government, making them a relatively secure investment option for individuals seeking steady income streams. RI Ribs offer investors the opportunity to support the state's growth and development while earning attractive returns. These bonds typically have a fixed interest rate and maturity date, providing a predictable income stream over a predetermined period. The interest earned from RI Ribs is usually exempt from federal taxes, making them even more appealing to investors. Different types of Rhode Island Registered Investment Bonds may include: 1. General Obligation Bonds: These are backed by the full faith and credit of the state, meaning investors have a claim on the state's resources and taxing power. General obligation bonds are secured by the state's overall revenue, and they support a range of projects, including infrastructure improvements, education facilities, and public services. 2. Revenue Bonds: Revenue bonds are supported by specific revenue streams, such as tolls, fees, or charges generated by projects funded by the bonds. These bonds are generally issued by government entities responsible for operating revenue-generating projects like airports, water utilities, or transportation systems. 3. Green Bonds: Rhode Island has also started issuing green bonds as part of its commitment to sustainable development and environmentally conscious projects. Green bonds fund initiatives aimed at reducing carbon emissions, increasing renewable energy capacity, improving energy efficiency, and addressing climate change. Investing in green bonds allows individuals to align their investment portfolio with their environmental values. 4. Municipal Bonds: Rhode Island also offers municipal bonds that are issued by cities, towns, or other local governmental entities within the state. These bonds finance specific local projects or initiatives, such as schools, hospitals, or infrastructure improvements at the municipal level. Investing in Rhode Island Registered Investment Bonds can be a suitable option for both individual and institutional investors seeking stable income and willing to support Rhode Island's development. Before investing, individuals should carefully review the bond prospectus and assess their risk tolerance, investment goals, and potential tax implications. Seeking advice from a financial advisor or investment professional is also recommended to make informed investment decisions.Rhode Island Registered Investment Bonds (RI Ribs) are investment instruments issued by the state of Rhode Island to raise capital for various public projects and initiatives. These bonds are backed by the full faith and credit of the state government, making them a relatively secure investment option for individuals seeking steady income streams. RI Ribs offer investors the opportunity to support the state's growth and development while earning attractive returns. These bonds typically have a fixed interest rate and maturity date, providing a predictable income stream over a predetermined period. The interest earned from RI Ribs is usually exempt from federal taxes, making them even more appealing to investors. Different types of Rhode Island Registered Investment Bonds may include: 1. General Obligation Bonds: These are backed by the full faith and credit of the state, meaning investors have a claim on the state's resources and taxing power. General obligation bonds are secured by the state's overall revenue, and they support a range of projects, including infrastructure improvements, education facilities, and public services. 2. Revenue Bonds: Revenue bonds are supported by specific revenue streams, such as tolls, fees, or charges generated by projects funded by the bonds. These bonds are generally issued by government entities responsible for operating revenue-generating projects like airports, water utilities, or transportation systems. 3. Green Bonds: Rhode Island has also started issuing green bonds as part of its commitment to sustainable development and environmentally conscious projects. Green bonds fund initiatives aimed at reducing carbon emissions, increasing renewable energy capacity, improving energy efficiency, and addressing climate change. Investing in green bonds allows individuals to align their investment portfolio with their environmental values. 4. Municipal Bonds: Rhode Island also offers municipal bonds that are issued by cities, towns, or other local governmental entities within the state. These bonds finance specific local projects or initiatives, such as schools, hospitals, or infrastructure improvements at the municipal level. Investing in Rhode Island Registered Investment Bonds can be a suitable option for both individual and institutional investors seeking stable income and willing to support Rhode Island's development. Before investing, individuals should carefully review the bond prospectus and assess their risk tolerance, investment goals, and potential tax implications. Seeking advice from a financial advisor or investment professional is also recommended to make informed investment decisions.
