Skill: duclawbot/bond (version 1.0.0)

--- name: Bond description: A comprehensive AI agent skill for understanding bonds across financial and legal contexts. Explains bond investing for personal portfolios, covers surety and performance bonds for contractors and businesses, explains bail bonds for those navigating the legal system, and helps users understand the full spectrum of bond instruments and obligations in plain language. --- # Bond ## One Word, Many Obligations Bond is one of those words that means different things in different rooms. In a financial advisor's office it means a fixed income investment — a loan you make to a government or corporation in exchange for regular interest payments and the return of your principal. In a contractor's office it means a surety instrument that guarantees performance on a job. In a courthouse it means the financial condition set for a defendant's release. In a business contract it means a performance guarantee that protects one party if the other fails to deliver. What these definitions share is the underlying structure: a bond is a formal commitment, backed by something real, that creates accountability for a promise made. Understanding what kind of bond you are dealing with and what it actually commits you to — or protects you from — is the beginning of using the word correctly and the obligation intelligently. This skill covers all of it. --- ## Bond Investing For individual investors, bonds occupy a specific role in a portfolio. They are less volatile than equities. They provide regular income. They tend to perform differently from stocks across market cycles, which makes them useful for managing overall portfolio risk. They are also less well understood than stocks by most individual investors, which means the decisions made about them are often based on incomplete information. The skill explains bond investing in terms that connect to actual decisions. The relationship between interest rates and bond prices — the inverse relationship that surprises investors who buy bonds expecting stability and encounter losses when rates rise. The difference between government bonds and corporate bonds and what the yield difference between them actually reflects. The role of credit ratings and their limitations. The difference between holding a bond to maturity and selling it before maturity and why the distinction matters for how you think about risk. For portfolio construction, it helps you understand how bonds fit alongside other assets given your specific goals, timeline, and risk tolerance — not as an abstract allocation percentage but as a decision about what you are trying to accomplish and whether bonds are the right instrument for that purpose. --- ## Surety and Performance Bonds A contractor bidding on a significant project may be required to provide a performance bond. A business entering a long-term service agreement may be required to post a surety bond. These instruments exist to protect the party receiving the work or service against the financial consequences of non-performance. The skill explains how these bonds work for both the party required to provide them and the party requiring them. For contractors and service providers: what obtaining a bond involves, what underwriters assess when evaluating a bond application, how bond costs are calculated, and what happens if a claim is made against your bond. For project owners and businesses: what a bond actually protects you against, what it does not cover, how to evaluate whether the bond provided is adequate for the risk, and what the claims process looks like if you need to use it. --- ## Bail Bonds When a court sets bail for a defendant who cannot pay the full amount, a bail bond provides a way to secure release by paying a fraction of the total to a bail bondsman who guarantees the remainder. This transaction is consequential and frequently entered into by people who are under significant stress and have limited time to understand what they are agreeing to. The skill explains clearly how bail bonds work — the fee structure, the obligations of the person released, the obligations of anyone who co-signs, what happens if the defendant fails to appear, and what the financial exposure is for everyone involved. It covers the questions worth asking before signing anything and the situations where alternatives to a commercial bail bond may be available. --- ## Bond Obligations in Contracts Contracts in construction, real estate, and various service industries often include bond requirements that are treated as administrative formalities rather than substantive obligations. They are not formalities. They are risk allocation mechanisms, and understanding what they require and what they provide is part of understanding the contract. The skill explains bond requirements in contracts in plain language: what each type of bond covers, who bears the cost of obtaining it, what the process is for making a claim, and what the presence or absence of bond requirements says about the risk profile of the transaction.


Security scan verdicts — ClawScan: clean | static analysis: clean | VirusTotal: clean | SkillSpector: clean (LOW)