Bearer bonds are bonds like all other with just one difference – no records are kept about the owner. That means that whoever’s got the paper, owns the bond. This is somehow useful for someone who doesn’t want to disclose their name. On the other hand, if the bond gets lost or stolen, it is very difficult (impossible) to get it back.

These kind of bonds are very popular in the Central America. It’s been used for many years. Bearer bonds can have very high values.