Understanding Lateener Bonds: A Guide for Investors and Borrowers

Lateener is a term used in the context of financial markets and investing. It refers to a type of bond that has a later maturity date compared to other bonds with similar characteristics.

For example, if a company issues a bond with a maturity date of 10 years, and another company issues a bond with a maturity date of 20 years, the latter would be considered a lateener bond. The longer maturity date means that the bond will take longer to mature and pay back the investor's principal, but it also means that the bond will have a higher yield to compensate for the longer time period.

Lateener bonds are often used by companies that need to borrow money for a longer period of time, such as infrastructure projects or long-term capital expenditures. They can also be used by investors who are willing to take on more risk in exchange for a higher potential return over a longer period of time.