A bond, in its basic form, a plain vanilla bond is a type of loan. An investor takes his or her money and temporarily lends it to the bond issuer. In exchange, the investor receives interest income at a predetermined rate (the coupon rate) and at predetermined times (the coupon date). The bond has an expiration date (the maturity date) at which point the stated par value of the bond must be returned.

![[Download] How to Invest in Gold and Silver: A Complete Guide with a Focus on Mining Stocks [Download] How to Invest in Gold and Silver: A Complete Guide with a Focus on Mining Stocks](http://s2.dmcdn.net/aj-F8.jpg)




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