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Different Types Of Bonds

We all hear about Bonds and their significance as a financial instrument. What are bonds actually?Bonds can be well described as a debt instrument that is issued by different companies, various municipalities and also government in order to raise different funds so that they can finance their capital expenditure. Whenever a bond is purchased, it means, an investor is loaning money for a fixed time at a specific rate of interest which is determined earlier. Interest is usually paid to the holder ...
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