The world is in debt, but to itself. Where does the money come from when a country borrows money, as we see with national deficits and debt?
By Gabe Bilbao
Viewing entries tagged
bonds
Bonds are debt securities that are issued by companies, municipalities, or governments to raise money. When a bond is issued, the issuer borrows money from investors in exchange for future payments, typically in the form of interest and principal. Bonds are a type of fixed-income security, which means that they pay a fixed amount of interest over a set period of time.
By Lina Martinez