What is a Bond?
A bond is a debt security in which a specified amount of money is lent for a predetermined period at an agreed-upon interest rate.
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What are the Advantages of Bond Services?
Bond services offer the following benefits:
• Opportunity to receive regular interest income
• Preservation of the principal investment over a specified period
• Relatively lower-risk investment compared to equities
• Diversification of the investment portfolio
• Ability to sell in the secondary market if the bond is tradable
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