04.09.2024
Should you prefer fixed-term deposits or bonds?
Recently, the Republic of Estonia issued an offer of unsecured bonds. Kaspar Kalvet, CEO of Estonian Holm Bank, explains the pros and cons of bonds compared to fixed-term deposits. “The offer of national bonds to Estonian retail investors is very welcome news, as it provides an additional investment opportunity for small investors and supports the development of the local capital market. The interest paid to the people of Estonia on these bonds will also boost the local economy as a whole,” says the bank’s CEO.