Bonds are like loans you give to governments or companies. In return, they promise to repay the money you lent and interest. This basic overview of bonds is designed to help you understand the concept and how they work. Understanding
Bonds
Bonds: Types, Features, Risks, Pros, and Cons
What's it: Bonds are debt securities with a promise to pay back the principal at maturity and pay coupons regularly. They usually mature in more than 10 years. And we distinguish them with notes, which have a maturity of 10 years or less. Next,