GATE member Milliardo Peacecraft has launched a new Illyriad Bond as an alternative investment product to the burgeoning Aurum — a kind of mutual fund share of the Republic Investment Fund (RIF) that recently went public on the server. Peacecraft characterizes the Illyriad Bond as “a safer alternative” to products such as the Aurum, and has laid out the new bond program in an exclusive memo to the Times.
The new bond fund manager claims that Illyriad Bonds “will offer a more firm level of security. When your bond matures it pays you a specific amount of interest as opposed to holding a stock and hoping it will earn you money.” The bonds also offer no transaction fees, unless an investor looks to liquidate their bonds before a bond matures.
The following are details of how the bond fund works: Continue reading
The Illyriad Times 