Bond investors are individuals or institutions that purchase debt securities, specifically bonds. These securities are issued by governments, corporations and other organizations to raise capital for various purposes such as building infrastructure, financing expansion plans, or refinancing existing debt. Bond investors provide the issuer with a loan in exchange for interest payments over time and eventual repayment of the principal amount when the bond matures. The return on their investment depends on factors like creditworthiness, term, coupon rate, and market conditions.