Corporate bond
An IOU, or debt, issued by businesses to raise cash. Corporate bonds, like government bonds, pay interest and usually have a set maturity period. Generally, companies pay interest in two instalments a year, although this can vary.
An IOU, or debt, issued by businesses to raise cash. Corporate bonds, like government bonds, pay interest and usually have a set maturity period. Generally, companies pay interest in two instalments a year, although this can vary.
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