ELi5: How can somebody place money in a bond, and it will be worth more money in the future?
In: Economics
A bond is what you buy, but it’s what someone sells as well. The seller is _agreeing_ to pay it back at a later time with interest – it’s type of structured loan. That interest is what makes it more valuable later. The difference relative to a bank loan is that it’s sold to the public (or to a group of buyers).
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