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Introduction To Fixed Income Bonds
Understanding Bond Types
Bonds are IOUs. When you purchase a bond, you are, in effect, offering a loan to the issuer of the bond (government or other organization). Bonds are packaged in several different ways. When they're issued by the government, they're called "gilts" and are considered risk-free. "Conventional gilts" pay a semi-annual coupon with a maturity date set in the future. Read More>> |
Posted: 1:12 PM, Wednesday, July 16, 2008 |
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