Traditional Warrants are orders to be issued in connection with a bond (known as a command-linked bond), and the right to acquire shares of the issuer, the bond is represented by it.

Explain this in other words, whoever is the author of a traditional warrant is also the issuer of the underlying instrument. Thus, orders are issued as a “sweetener” to make the bond more attractive, and for reducing interest rates, which must be held with the purpose of selling the bond issue.