Skip to main content
It looks like you're using Internet Explorer 11 or older. This website works best with modern browsers such as the latest versions of Chrome, Firefox, Safari, and Edge. If you continue with this browser, you may see unexpected results.

Fixed Income Securities (Bonds): About

Income Securities

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.

Reference Librarians

LibGuides

This LibGuide is one of a series created by the staff of the Business Library. For others in the series, see: