In it’s most basic form bonds are a type of loan between you the investor and a company or the Government where you are loaning them money and in return you get interest payments back for your loan on a set schedule. The debtor must pay back the loan by maturity date. However not all debtors were created equal and some companies or governments have lower ratings than others as they are more likely to default on their loan.
Not all bonds need to be held till maturity, rather they can be traded. As interest rates also change, the price of the bond can change too. Bond trading requires experience and a certain amount of learning before you can confidently trade them.
Not everyone masters bonds trading. Take advantage of it by enrolling in the bonds Trading course by Tradimo.