# Condor bond (also referred to in German)

- Canonical URL: https://www.gerhardmerk.de/condor-bond-also-referred-to-in-german
- Post ID: 589751
- Modified: 2023-07-25T20:58:55+00:00
- Language: en

## Definition

Special form of index-linked bond. At the time of issue, it offers a higher interest rate than comparable securities. However, the redemption amount is linked to a contractually agreed index. As soon as this index moves beyond an agreed fluctuation range, the redemption amount paid out to the bondholder is reduced. As a rule, however, a certain minimum repayment amount is agreed, which is independent of the index level (minimum repayment sum). - See bond, index-linked, break-even inflation rate, issue, index-linked, haven, safe, index-linked bond, index fund, distressed assets, swap, inflation-linked, interest rate swap. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1