Corporations can achieve short term financing through a bills facility, however for long term financing the best method is for them to issue a bond in their own name. The government, whether on a state or provincial level issues bonds to finance large construction and development projects. Corporations and many other types of companies issue bonds for expansion, asset purchases, mergers and acquisitions, etc. A bond is a promise to repay borrowed money in addition to paying interest on specified dates and is issued for a period of more than a year. These interest payments are called coupons and are usually paid semi annually or annually? There are many types of bonds, the most common of which are fixed rate bonds and floating rate notes （FRNs）. Fixed rate bonds pay a pre-determined coupon and FRNs pay coupons at a premium above the bank's fixed deposit rate. Bonds that do not pay interest are called zero coupon bonds. This type of bond is rare, as the entire risk to investors is concentrated at the maturity date where the principal becomes payable. 公司通過匯票獲得短期貸款，但是要獲取長期貸款的話，的方法是以他們的名義發(fā)行債券。政府，不管是州級或省級政府，通過發(fā)行債券為大型建設(shè)和發(fā)展項(xiàng)目籌集資金。有限公司和其他類型的公司發(fā)行債券則是為了擴(kuò)大規(guī)模、購置資產(chǎn)、合并和買進(jìn)等。債券是對在規(guī)定日期償還所借的錢并付利息的承諾，發(fā)行期限在一年以上。這些支付的利息叫做息票，通常半年或一年支付一次。債券有多種，最常見的有固定利率債券和浮動利率債券（FRN）。固定利率債券支付預(yù)決息票，浮動利率債券根據(jù)銀行存款利率貼水支付息票。不付息的債券叫做零息債券。這種債券很少見，因?yàn)橥顿Y者的全部風(fēng)險(xiǎn)都集中在債券到期日，即付本金的時(shí)候?！?BR>