A bond is a fixed-income instrument that represents a loan made by an investor to a borrower (typically corporate or governmental). A bond could be thought of as an I.O.U. between the lender and borrower that includes the details of the load and its payments. Bonds are used by companies, municipalities, states, and sovereign governments to finance projects and operations. Owners of bonds are debt-holders or creditors, of the issuer.
IMPORTANT: Product trading eligibility is partially dependent on your Financial Profile, which consists of the following criteria: Income and Worth (USD), Source of Wealth, Investment Experience and Investment Objectives.