: The entity borrowing the money. Common issuers include national governments (Treasuries), local governments (Municipalities), and corporations.
: The specific date when the term of the loan ends and the issuer must repay the full principal to the bondholder. Bonds Free Download
A is a formal, legally binding loan agreement where an investor (the lender) provides capital to an issuer (the borrower, such as a government or corporation) in exchange for regular interest payments and the return of the principal amount at a set maturity date. Core Concepts of Bonds : The entity borrowing the money
: The fixed interest rate paid to the investor at regular intervals (e.g., semi-annually) throughout the life of the bond. A is a formal, legally binding loan agreement
: Also known as face value, this is the amount the issuer agrees to repay the investor when the bond matures, typically in increments of $1,000.
: The actual return earned on the bond, which fluctuates based on its current market price and interest payments. Common Types of Bonds Bonds and the Yield Curve | Explainer | Education | RBA