Bond features differ from bond to bond. These features ultimately affect the risk and return we get when we buy bonds. For example, we differentiate bonds based on their issuer, which can come from corporations, governments, or
Debt Securities
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,