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Gold Bond

   Also found in: Wikipedia 0.01 sec.
Gold bond
Bonds issued by gold-mining companies and backed by gold. The bonds make interest payments based on the level of gold prices.

Commodity-Backed Bond
A bond with a coupon or principal tied to the price of some, stated commodity such as gold. A commodity backed bond may carry a low coupon rate but it allows the bondholder to hedge against inflation because the price of commodities usually rises over time. That said, some commodities are highly volatile, and the bondholder assumes the risk of a loss due to a fall in the commodity's price. Commodity backed bonds are relatively rare and are usually issued by companies that have some stake in the underlying commodities. It is also called a gold bond.

gold bond


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Revenue growth for the quarter was led by strong performances from Gold Bond, Icy Hot, Act, Aspercreme and Bullfrog, according to the company.
As was noted in the August 2007 Ice Cream Reporter, Unilever has had a presence in Green Bay since 1989 when it acquired Gold Bond Ice Cream, a manufacturer of private label frozen novelties.
National Gypsum has developed its Gold Bond brand SoundBreak Gypsum Board, acoustically enhanced for use in the construction of high-rated STC (Sound Transmission Class) wall assemblies.
 
 
 
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