This is a type of financial instrument used to raise capital by borrowing. Bonds are typically issued for more than one year. Cities, states, corporations, the federal government, and other types of institutions are bodies that sell bonds. Bonds are generally a promise to repay the principal plus interest once it matures.
Bond
This is a type of financial instrument used to raise capital by borrowing. Bonds are typically issued for more than one year. Cities, states, corporations, the federal government, and other types of institutions are bodies that sell bonds. Bonds are generally a promise to repay the principal plus interest once it matures.
