Looking for investment options that generally offer you the security of an established return on a fixed schedule? Fixed income products like bonds may be a smart choice for you.
With a bond, you lend money to a government, municipality, corporation, federal agency or other entity known as an issuer. 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.
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