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Which of the following messages is most direct?
Sinking Fund Clause
A provision in a bond contract that requires the issuer to periodically set aside funds to retire a portion of the debt before it matures.
Inflation-Indexed Treasury Securities
Government bonds that are adjusted for inflation to protect investors from the decline in purchasing power.
TIPS
Treasury Inflation-Protected Securities, a type of U.S. government bond designed to help protect investors from inflation, as the principal value adjusts with inflation.
PIKs
Short for "Payment in Kind," a type of financing or loan where the borrower can pay interest or dividends with additional securities instead of cash.
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