A hot new bond is rocking the market. British heavy metal band Iron Maiden is selling securities worth US$30 million backed by royalties from their 20-year music career.
The latest band bond gives investors a cash stake in musical masterpieces such as Number of the Beast, Bring your daughter to the slaughter and Axe Attack.
To date, 20 years worth of noise has translated into about $45 million worth of record sales.
The band released its first album in 1980, when disciples of the genre spent their spare time dressing up in 'Road Warrior' costumes and worshipping Satan.
Iron Maiden isn't the first band to test its metal in the market.
David Bowie pioneered the celebrity bond in 1997.
One music industry executive told The Sunday Times that Sanctuary, Iron Maiden's manager, was keen to develop a securitising arm for rock and pop acts, hinting other deals may be in the wings.