For example, if an investor requires a 4% return and the bond pays an annual coupon of 40, the bond's value would be $1,000.

Baby bonds typically have: Baby bonds are often issued to meet funding needs. For example, certain public utilities and municipal governments issue baby bonds to finance infrastructure projects ...

What makes the new line notably different from the rest of the network is the sense of scale; trains are around twice as long as a standard tube train, and travel at around twice the speed. Bond ...