What is a Bond?

The bedrock instrument of sovereign and corporate debt

A bond is a type of investment that represents a loan made by an investor to a borrower, usually a government or corporation.

Earns Interest: Periodic coupon payments are made to the bondholder.
Fixed or Variable Rate: Returns can be locked in or tied to floating benchmark rates.
Issued by Entities: Used to finance capital projects, deficits, or infrastructure.