Financial Quotient

What are bonds?

New: Gift this subscriber-only story to your friends and family

Bonds are one class of financial assets that provide periodic coupon payment throughout the life of the bonds. The face value of bonds will be returned to the investors at maturity.

Investors can purchase bonds either from the exchange directly or from some intermediaries, such as brokerage houses or specialised bond trading platforms.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.

A version of this article appeared in the print edition of The Sunday Times on January 20, 2019, with the headline What are bonds?. Subscribe