||A loan, usually taken out by a government or company, which normally pays a fixed rate of interest over a given time period, at the end of which the loan is repaid.
|Fixed income security
||An entity that sells securities, such as bonds and equities.
||When central banks lower interest rates or buy securities on the open market to increase the money in circulation.
||This refers to the interest received from a bond and is usually expressed annually as a percentage based on the investment’s cost, its current market value or its face value.