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commodity-backed bondDefinition A bond which is tied to the price of a commodity, often used as a hedge against inflation.
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commodity-backed bondIn a commodity-backed bond interest payments or principal repayment are tied to the price of a particular commodity such as gold. This kind of bond has a low interest rate, but provides a hedge agains [..]
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commodity-backed bondA bond with interest payments tied to the price of an underlying commodity.
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