
Corporate Bonds are issued by companies to raise money. They are an IOU, with a promise to pay back the money at a set date plus regular interest payments.
They are tradeable, which means the price will vary...normally rising as interest rates fall and fall when interest rates rise.
Note: seek professional advice before making any investment decision
Posted by Sean Wilson, Independent Financial Adviser, Swindon, Wiltshire.
No comments:
Post a Comment