Skip to main content
Back to glossary

Bond

A loan you make to a government or company that pays regular interest and returns the principal at maturity.

A bond is a fixed-income security: you lend money to an issuer, a government or corporation, for a set period, and in return you receive regular interest payments (the coupon) plus your original amount back when the bond matures. Bonds are generally less volatile than stocks and provide predictable income, which is why they are used to balance riskier holdings in a portfolio. Their prices move inversely to interest rates, so when rates rise the prices of existing bonds fall. Government bonds are considered among the safest investments, while corporate bonds pay more to compensate for higher risk.

Example

You buy a 5-year bond worth $10,000 with a 4% coupon. You receive $400 in interest each year, and at the end of year five you get your $10,000 back.

Try in Assetli

Read more

Related terms

Explore more terms

Ready to put it into practice?

Try Assetli free — no credit card required.

Try free