What Are Bonds?
A bond is a type of investment where you lend money to a government or company for a period of time.
In return, they may pay you interest and return your original money when the bond ends.
How Do Bonds Work?
For example, you invest ₦100,000 in a bond. You may receive interest during the investment period.
When the bond reaches its maturity date, your original money can be returned to you, depending on the terms.
Are Bonds Safe?
Bonds can be less risky than some stocks, but they are not completely risk-free.
The risk depends on who issued the bond and the type of bond you buy.
Why Do People Invest in Bonds?
Many people use bonds to earn regular income and reduce the risk in their investment portfolio.
Bonds can be a useful investment for people who want a more stable option.
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