bonds and yields

Question 1

what is a bond, who issues and why, who buys and why

Answer 1

-it is an you
-governments that don’t have tax revenues and finance spending or corps
-anybody

Question 2

what is on a bond

Answer 2

name, coupon, maturity date: give £100 back, market price
-yield=coupon/market price (x100 is rate of return)