Learning about shares: Few nasty surprises in fixed interest market
72 securities listed on NZX's debt market, the NZDX.
You can use debt securities to provide diversification in your portfolio as they have different risk and return characteristics to shares, so they tend to move in different cycles.
So what are debt securities?
As we touched on a couple of weeks ago, companies issue debt securities for sale to raise money to fund growth, in much the same way as they issue shares. It's not just companies in this business either - the Government also has debt securities listed on the NZDX.
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