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Instruments > Performance Bond (PB)

Performance Bond (PB)

Performance Bond (PB)

A bond issued to one party of a contract as a guarantee against the failure of the other party to meet obligations specified in the contract.   

For example, a contractor may issue a bond to a client for whom a building is being constructed. If the contractor fails to construct the building according to the specifications laid out by the contract, the client is guaranteed compensation for any monetary loss.

REL Investments Group offers a wide range of consulting services for clients seeking to raise financial instruments are widely used in international practice.