if you sell it before it is matured, you may incur a loss or gai

depending on the effective interest rate. If you keep it until it is matured, you will get all principal back. In other words, you may not have credit or default risks, but you are still vunerable to interest risk.

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interesting thought, so if interests rise, holding bond is loss, -LordofMoney- 给 LordofMoney 发送悄悄话 (114 bytes) () 10/30/2014 postreply 12:54:31

yes, if interest rises. how much to lose depends on -commonsense888- 给 commonsense888 发送悄悄话 (76 bytes) () 10/30/2014 postreply 13:09:12

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