Bond

A bond is simply a loan taken by a company from the public.
We can say that bonds are debt securities issued by corporations, governments, or other organizations and sold to investors.

Face value:-Face value is equal to bond's price when its first issued.
or we can say that actual value of bond.

Coupon rate:-Rate of interest paid by bond issuers on the bond's face value.
In simple language we can say it rate of interest on face value.

Note:-Purchase price of a bond on secondary market can be go up or down depend on market current interest rate, financial situation of company, Credit rating etc. But actual value of bond is its face value.

redemption date:- The bond issuer will repay the original sum loaned at the bond's maturity date this data is known as redemption date.

Type of risk in bond:-
It has low liquidity, therefore it is not easy to sell before its maturity date.
Credit Risk(Defailt risk):-if we do not get our face value.
Interest rate risk:-if interest rate goes up in future in that case also we get less interset.

Types of bond
Very safe
Government bond(GS)
e.g:-832GS2032[ 8.32%(interest in a year)------Government Security-----2032(Bond muturity year) ]
e.g:-915GS2024 [ 9.15%(interest in a year)------Government Security-----2024(Bond muturity year) ]
State Development Loans(SDL)

safe
public sector undertaking company such as NHAI(National Highways Authority of India)
Corporate Bonds(By major company e.g:-Tata)

Note:-bonds also store in demat account.

some website are avilable for bond study such as
1-thefixedincome.com
2-goldenpi.com

Sovereign Gold Bond(SGB)

SGB are government securities denominated in gram of gold. These bond are issued by Reserve Bank on behalf of Goverment of india.
when we are buying an Sovereign Gold Bond(SGB) we should remember that every Sovereign Gold bond have an face value, interest rate and interest date, maturity date(redemption date).

Face value:-value at the time of first buying and interest always pay on face value therefore more the face value greater is the interest.
NOTE:- In case of Sovereign Gold Bond(SGB) the maturity value depends on current value of gold and interest rate is 2.5% normally.

some website are avilable for Sovereign Gold bond study such as
1-moneyseth.com