In return for that money, the issuer provides you with a
bond in which it promises to pay a
specified rate
of interest during the
life of the
bond and to repay the face value
of the
bond (the principal) when it matures, or comes due.
Bond interest is paid at regular intervals throughout the life of the bond, but the capital is only repaid, in full, at the end of the loan term specified on the b
Bond interest is paid at regular intervals throughout the
life of the
bond, but the capital is only repaid, in full, at the end of the loan term specified on the b
bond, but the capital is only repaid, in full, at the end
of the loan term
specified on the
bondbond.