08-10-2022, 12:03 PM
(08-10-2022, 10:44 AM)Essex Johnson Wrote: Actually that is true a when you buy a bond there is a agreement that you will still get face value for your bond at maturity .
Again, depends on the bond. Even with a secured bond if there is a prepayment option they can pay off the bond early at a reduced rate and you don't get face value.
