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Bonds

Thomas Poufinas ()
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Thomas Poufinas: Democritus University of Thrace

Chapter Chapter 2 in Fixed Income Investing, 2022, pp 47-97 from Springer

Abstract: Abstract Bonds are the most well known representatives of fixed income investmentsfixed income investment. In this chapter we present the characteristics of bonds, as well as the risks that come from bonds; the default risk and the market risk. We explain how a bond is priced and how its yield is determined. We elaborate on the different types of bonds. After having read this chapter the reader will be in place to realize how a bond behaves as an investment vehicle on its own.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-87922-8_2

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DOI: 10.1007/978-3-030-87922-8_2

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