What are fixed income securities?
Fixed-income securities are debt instruments that provide a return to investors in the form of periodic interest payments, usually called coupon payments, and a return of principal at maturity. Unlike variable-income securities, where payments change based on some underlying measures, usually interest rates, the payments of a fixed-income security are known in advance, set at a specific interest rate which does not change. The interest payments to investors are generally paid semi-annually, and the principal when the security matures.
Companies and governments offer fixed-income securities in order to raise money, often to fund new projects or raise money for operating expenses.
Fixed-income securities are usually low-risk, safe investments, guaranteed to provide a modest but reliable return upon maturity. The most common types of income securities are bonds, money-market funds and CDs, though some types of preferred stock are fixed-income, as well.
The U.S. Treasury guarantees government bonds, which makes them a very safe investment, though the return is low.
Use the databases listed below, with your NYPL library card, to research fixed-income securities.
Bloomberg Professional offers financial markets pricing, data, analytics, and news. This service is located at the Library's Thomas Yoseloff Business Center, a generous gift of Bloomberg, L.P. Sign up onsite at the Business Center, or for an advance reservation, sign up through a consultation with a librarian at the Thomas Yoseloff Business Center. Note: Access is for viewing only. Printing, downloading or electronic reproduction of any Bloomberg content or screens is prohibited.
Provides in-depth financial information on companies, equities, fixed income, industry reports, SEC filings, interest rates, commodities, screening for stocks and mutual funds and more. Includes publications: S&P Analysts Handbook, S&P Bond Guide, S&P Corporation Records, S&P Stock Reports, Stovall Sectors. Provides sophisticated retrieval tools to create reports (Formerly database title listed was "Standard & Poor's Net Advantage.). **Patrons should read the Terms & Conditions and Privacy Policy of this resource before searching.**