A bond is a debt security, similar to an I.O.U. When you purchase a bond, you are lending money to a government, municipality, corporation, federal agency or other entity known as an issuer...
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by the Securities Industry and Financial Markets Association (SIFMA)
from our membership and other sources believed by SIFMA to be accurate
and reliable. By providing this general information, SIFMA is neither
recommending investing in securities, nor providing investment advice for
any investor. Due to rapidly changing market conditions and the complexity
of investment decisions, please consult your investment advisor regarding
investment decisions.
