A fixed rate bond is a type of debt instrument with a fixed coupon (interest) rate, as opposed to a floating rate note. This is also similar to a loan note, both of which are described in the video above.
Both of these debt instruments are a long term debt paper that carries a predetermined interest rate. The rates on each investment described above are different, but crucially, they are fixed at the outset and will not change during the course of the investment term. The interest rate is known as “coupon rate” and interest is payable at specified dates (monthly or quarterly) before bond maturity.