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What are Bonds ?
10 Ways to make money online
- Posted: 3/30/2009
Bonds: It is a fixed income (debt) instrument issued for a period of
more than one year with the purpose of raising capital. The central or
state government, corporations and similar institutions sell bonds. A
bond is generally a promise to repay the principal along with a fixed
rate of interest on a specified date, called the Maturity Date.
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