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What is Understanding Bond Features and Types about?

A bond is a debt security where the issuer owes the bond holders a debt and is obligated to pay interest to the holders at a specified later date called the maturity date. Bonds have features such as a nominal or face value amount, an issue price, a maturity date which is the date the debt is repaid, a coupon which is the interest rate paid and coupon dates which are when the interest is paid. Some bonds can also be convertible into shares.

Author

chandayadav10

Language

EN