WealthDesk

Bonds

Bonds are instruments through which governments and corporations borrow money. Bondholders are creditors or lenders and the issuer of the bond is the debtor or borrower.

Bondholders may earn a fixed interest rate or the bonds may be issued to them at a discount to be paid in full at maturity.

Trivia: The first known bond ever issued was issued circa 24000BC in Mesopotamia.