Bonds are debt certificates that are purchased by an investor.
What is a bond?
Bonds are instrument of debts, which gives the holder interest at a specified period of time. Here, when a bond matures, the bondholder receives the amount invested while the interest is paid before maturity.
The main reason government issue bond is to support government spending and obligations, which make them safe.
Hence, bonds are debt certificates that are purchased by an investor.
Learn more about bonds here : https://brainly.com/question/26712131
