When you buy bonds (not the underwear brand!) you lend money to a government or company (corporations), usually for terms of five years or more. In return, you’ll get paid a fixed rate of interest. With corporate bonds the interest rates tend to be higher than a term deposit at a bank, while government bonds have lower rates but come with lower risk.

How to invest: You’ll need a broker to buy and sell bonds, like Direct Broking

Bond Basics – 5 things to know about investing in bonds

I bet most people reading this are indirectly invested in bonds (often referred to as "Fixed Interest" investments) - either through their KiwiSaver, or through a fund on InvestNow or ...
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