
What exactly are bonds, how do they work, and what should investors know before adding them to their portfolios? In this episode of Money Today, we decode the bond market in simple terms. From government securities and corporate bonds to bond funds, SDLs, target maturity funds and bond platforms, we explain the different options available to investors. We also break down bond yields, yield to maturity, credit ratings, maturity periods, liquidity and interest-rate risk. The discussion looks at how bonds compare with fixed deposits, how investors can approach short-duration bonds and what a bond laddering strategy means. We also explore the role of bonds in portfolio diversification and the key risks investors should understand before investing. A simple guide for anyone looking to understand fixed-income investments better.