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SHORT ANSWER: Keep it simple. Be clear and concise, longer is not always better. Reading all the questions first may help wit
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A bond is a financial security and comes under the category of debt. Under a bond , the issuer of bond certifies that upon the completion of the maturity period the purchaser of the bond will receive the principal amount plus interest on redemption. The issuer through bonds can raise money. Government bonds or treasury bills are often considered the safest financial instruments often considered risk free and hence are used to measure the risk of other instruments.

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