Belarusian bonds are typically classified by how they are issued and recorded. Documentary bonds are traditional paper instruments issued without the owner’s name, often bought without presenting personal identification—unless Belarusian law specifically requires it.
Internet bonds are entirely digital, making them easy to purchase from home. Unlike paper bonds, they always record the buyer’s name, ensuring ownership is clearly documented from the moment of acquisition.
How Do Bonds Differ from Bank Deposits?
Purpose. A deposit mainly protects your money from inflation — it’s about saving. Bonds, however, are an investment tool designed to potentially earn higher returns than traditional deposits.
Issuer. Deposits are available only through banks. Bonds, on the other hand, can be issued by banks, corporations, or even governments, offering broader options.
Flexibility. Deposits can be short- or long-term. Interest is credited monthly, and if the deposit is revocable, you can withdraw funds anytime. Bonds typically involve longer holding periods, pay income every 3-6 months, and may restrict early redemption.
Risks. Bank deposits are insured by the government, guaranteeing a return of your funds. Bonds don’t carry such state guarantees; issuer bankruptcy could mean losing your invested capital.