What lending your money pays after tax: gilts, corporate and retail bonds, bond funds, cash savings and money market funds, set against interest rates and inflation. This desk also covers where cash ends and investing begins.
A bond is a loan you can trade: fixed payments, a fixed end date and a price that moves against yields. Gilts, corporate bonds and bond funds differ in who you lend to, how you get your money back and how they are taxed.
