How do you purchase a bond?
submitted by Razmataz Dillybean
Robby Hart
You'd have to initiate the purchase through a brokerage account. Of course, before you do that, research the bond issuer to make sure you're okay with the terms. Get the bond's ID number so you can tell the broker which one to buy. The broker will execute the trade, so you'll pay the purchase price plus any broker fees.
Kevin
Buying a bond usually involves opening an account with a broker or through a bank. Once you've picked the bond you want, say a government or corporate bond, you tell your broker the details, like how many you want. They'll handle the purchase, and then the bond gets added to your investment portfolio. Keep in mind, you pay the face value or market price, depending on the bond's trading status.
McBacon
If you want to buy a bond, you go through your bank or an online broker. Just pick your bond. Tell your broker to buy you a U.S. Treasury bond, or whatever you decide you want, and they handle all the details. You'll probably have to pay them a fee, but they'll manage the purchase.
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