Corporate bonds are debt issued by companies that pay the bondholder interest and return the bond's principal at maturity. For example, the Albertsons
7.45% '29 bond pays the bondholder a coupon of 7.45% each year and then returns the face value of the bond -- $1,000 per bond -- in 2029. If
an investor owned 10 of these bonds, he would receive $745 of interest each year, paid semi-annually.
Today, BondSavvy only recommends bonds issued by US-based companies. These companies range in credit quality and, as a result, investors can select from a variety of investment choices offering different levels of risk and return.