Eli5: saving bonds

393 views

An explanation with an example would be greatly appreciated. Thank you 🙂

In: 6

5 Answers

Anonymous 0 Comments

ELI5

* It’s a loan.
* You loan the government some money.
* Later on, the government repays your money.
* When they repay you, they give you a little bit extra too.

The extra money is like a “thank you” for the inconvenience of you being without that money for however long the loan was.

You are viewing 1 out of 5 answers, click here to view all answers.