Raise capital and invest through corporate bonds

The Bonds market now connects player corporations that need long-term capital with corporations looking for a fixed-income investment.

- Qualified issuers set the terms. A corporation with at least $1 million in revenue over the last 14 completed game days can choose the currency, annual interest rate, payment schedule and maturity. Open and outstanding corporate bonds may not exceed one third of its recorded assets, and posting costs 2% of the amount offered. - Offers do not expire. They remain open until fully sold or cancelled. Cancelling removes only the unsold remainder; investments already purchased continue on their original terms, and the posting fee is not refunded. - Every investment has a fair clock. Money reaches the issuer when the purchase is confirmed. That lot's interest schedule and maturity begin on its purchase day, so a later buyer always receives the full term shown in the offer. Principal is repaid in full at maturity. - Credit risk is visible before purchase. Market cards disclose the issuer's closed 14-day revenue, recorded assets, headquarters, delinquencies, bankruptcies and bond defaults, with the valuation date and currency basis. - Missed payments have consequences. A missed interest or maturity payment puts the bond into default immediately. If it remains unpaid for 14 game days, debt recovery begins and the holder receives a formal creditor claim.

Important postings, purchases, due dates, defaults, recoveries and maturities are also sent to the responsible players by email.