WELCOME TO THE FINANCIAL PIPELINE BOND PAGE!

Bonds are "fixed income" investments that have a fixed interest rate or coupon, payable on the principle amount, usually $100. There are many different types of fixed income investments: bonds, mid-term notes, debentures, mortgages, asset-backed securities, savings bonds, guaranteed investment contracts (GICs), and certificates of deposits (CDs).

FISCAL POLICY	A discussion explaining its reference to the expenditure a government undertakes to provide goods and services and to the way the government finances these expenditures.	BOND MANAGEMENT STRATEGIES	Learn about three major bond management strategies.
TYPES OF BONDS	Learn about the types of bonds of many different issuers.	WHY INTEREST RATES CHANGE	When interest rates change, it is the result of many complex factors.
HOW BONDS TRADE	Learn how bonds trade from a bond professional.	INTEREST RATE COMPONENTS	There are many components to interest rates, each reflecting a form of compensation to the lender.
BOND SPREADS	An explanation of "bond spreads", a useful calculation to compare different bonds.	FORECASTING INTEREST RATES	The difficult task of forecasting interest rates is discussed.
VALUING BONDS	Find out how the values of bonds are determined.	CREDIT RATINGS AND ANALYSIS	Establishing the creditworthiness of borrowers is one of the oldest established financial activities known.
BOND CHARACTERISTICS	The different characteristics and features of bonds are explained.