explain bonds write in 1 page....
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ᴀ ʙᴏɴᴅ ɪs ᴀ ғɪxᴇᴅ ɪɴᴄᴏᴍᴇ ɪɴsᴛʀᴜᴍᴇɴᴛ ᴛʜᴀᴛ ʀᴇᴘʀᴇsᴇɴᴛs ᴀ ʟᴏᴀɴ ᴍᴀᴅᴇ ʙʏ ᴀɴ ɪɴᴠᴇsᴛᴏʀ ᴛᴏ ᴀ ʙᴏʀʀᴏᴡᴇʀ (ᴛʏᴘɪᴄᴀʟʟʏ ᴄᴏʀᴘᴏʀᴀᴛᴇ ᴏʀ ɢᴏᴠᴇʀɴᴍᴇɴᴛᴀʟ). ʙᴏɴᴅs ᴀʀᴇ ᴜsᴇᴅ ʙʏ ᴄᴏᴍᴘᴀɴɪᴇs, ᴍᴜɴɪᴄɪᴘᴀʟɪᴛɪᴇs, sᴛᴀᴛᴇs, ᴀɴᴅ sᴏᴠᴇʀᴇɪɢɴ ɢᴏᴠᴇʀɴᴍᴇɴᴛs ᴛᴏ ғɪɴᴀɴᴄᴇ ᴘʀᴏᴊᴇᴄᴛs ᴀɴᴅ ᴏᴘᴇʀᴀᴛɪᴏɴs. ᴏᴡɴᴇʀs ᴏғ ʙᴏɴᴅs ᴀʀᴇ ᴅᴇʙᴛʜᴏʟᴅᴇʀs, ᴏʀ ᴄʀᴇᴅɪᴛᴏʀs, ᴏғ ᴛʜᴇ ɪssᴜᴇʀ.❤
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