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Backed by the full faith and credit of the united states government, treasuries are. A bond is referred to as a fixed income instrument since bonds traditionally paid a fixed interest rate (coupon) to debtholders. The bond issuer borrows capital from the bondholder and makes fixed payments to them at a fixed (or variable) interest rate for a specified period. The most common types of bonds include municipal bonds and corporate bonds. They represent a loan from the buyer (you) to the issuer of the bond.
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Full information on close to 500,000 bonds from 180 countries.
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