Question: what are some of the basic characteristics of bonds?
Answer: Face value. Corporate bonds normally have a par value of $1,000, but this amount can be much greater for government bonds. Interest. Most bonds pay interest every 6 months, but it's possible for them to pay monthly, quarterly or annually. Coupon or interest rate. ...  Maturity. ...  Issuers. ...  Rating agencies. ...  Tools and tips.