Bonds (Fixed Income)

Government bonds / Treasuries are government debt notes (for example, US Treasury or Russian OFZ)

Corporate bonds are company debts that guarantee to return money plus interest at a specific time

Municipal bonds are bonds of municipalities/regions, often with tax benefits

High-yield bonds / Junk bonds are risky bonds with high interest (from non-creditworthy companies)

Investment-grade bonds are reliable bonds (with ratings BBB and above)

Convertible bonds are bonds that can be converted into company shares

Callable bonds are bonds that the company can repay early if rates have fallen

Puttable bonds are bonds that you can return early to the company if rates have risen

Zero-coupon bonds are bonds without coupons, sold at a discount (you buy at 80, receive 100)

Floating rate notes (FRN) are bonds with a variable rate (changes every month/quarter)

Credit-linked notes are bonds whose interest depends on a credit event (company default)

Sukuk (Islamic bonds) are Islamic bonds complying with Sharia (based on real assets)