The idea is that bonds offer a guaranteed return if held to maturity, an important factor for anyone expecting to pay living expenses from their investments. (peerfinance101.com)
These securities guarantee a rate of return when held to maturity, and they can provide a steady stream of monthly or quarterly income. (public.websteronline.com)
The option of holding to maturity means you will have to wait longer than most can wait, and most institutional investors don't even have an average 10 - year holding period. (alephblog.com)