Bonds

With a variety of terms and amounts to choose from, there’s a little something for everyone.

Think of a bond like an I.O.U. note. It’s when an investor (that’s you!) loans their money to an entity, like a corporation, municipality or state body. The entity borrows the funds for a set period of time, just like borrowing money when you take out a loan, and the bond is set at a variable or fixed interest rate. When a bond matures, you’re paid its face value amount plus the interest that has accrued.

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