Bonds, Interest Rates & Exchange Rates
How do bonds differ from stocks?
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A stockholder, as a shareholder of the company, has a certain ownership stake, whereas a bondholder is merely a creditor who has lent money and has no ownership.
Most bonds have a fixed maturity, like a bank time deposit, whereas stocks can exist indefinitely with no maturity. Accordingly, bond investors expect the agreed interest and principal, while stock investors expect dividends and gains or losses from share price movements.
This answer is general financial information as of 14/10/2026, not investment advice. Rules and tax rates change, so please also check the latest guidance from the source institution.