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27 Oct 2021
Introduction
A bond is a fixed-income security that symbolizes an investment's obligation to a lender (typically corporate or governmental). A bond can be compared to a promissory note between borrowers and lenders that details the loan's terms and installments. Businesses, towns, governments, and sovereign nations use bonds to fund their ambitions and activities. Bondholders are the debtors, or creditors, of the entity
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