Document background
The Bond Promissory Note is a sophisticated financial instrument commonly used in Singapore for structured financing arrangements. It serves as both evidence of debt and a negotiable instrument, providing the holder with clear rights of enforcement under Singapore law. This document is particularly useful when parties require a more formal debt arrangement than a simple promissory note, but don't need the complexity of a full bond issuance. The Bond Promissory Note typically includes specific terms about principal amount, interest rates, payment schedules, and security arrangements, all structured to comply with Singapore's regulatory framework.
