Overview about Bond

A bond is a fixed-income financial instrument that represents a loan made by an investor to a borrower, typically a government, corporation, or financial institution. Bonds are used to raise capital for various purposes, such as funding infrastructure projects, business expansion, or government spending. When an investor buys a bond, they are lending money to the issuer in exchange for periodic interest payments (coupons) and the return of the principal amount (face value) at maturity.