2.5 : 资本市场工具

Capital market instruments are financial assets that allow investors to participate in trading long-term securities.

These instruments are usually traded on exchanges and are important for entities like governments and corporations needing capital for growth and development.

Individuals and institutions looking to invest excess funds for future benefits require these instruments.

Prominent examples of capital market instruments are stocks and bonds.

Stocks, also known as equities or shares, are an investment in a company's ownership. Investors who purchase stocks get a share of the company's profits and voting power in corporate decisions.

Stocks offer the potential for an increase in capital and dividends. At the same time, stocks are risky as there is a possibility of loss if the company performs poorly.

Bonds are issued by governments, corporations, or other entities as debt obligations to raise funds for projects like infrastructure development.

Bonds provide periodic interest payments and principal repayment at maturity, making them less risky.

Capital market Instruments are essential for economic growth, aligning borrowers' needs with investors' resources.