A fixed Income Security (or a bond) is a loan an investor makes to a corporation, government, or other organization in exchange for interest payments over a specified term plus repayment of principal at the bond’s maturity date. There are a wide variety of bonds including Treasuries, agency bonds, corporate bonds, municipal bonds and more. Likewise, there are many types of bond mutual funds.
Bonds often can be an important component of a diversified investment portfolio. Whether you are just starting out or a seasoned investor, this section will help you learn more about bond investing.