If you want to start investing but don't know where to begin, I recommend starting with bonds. In this article, I'll explain bonds in a very simple way, focusing only on the key points that beginner investors need to know.
What exactly are bonds?
To put it simply, bonds are like a "contract where you lend money to someone and agree to receive interest." When the government or a company needs funds, they borrow money from investors, and in return, they promise to pay interest regularly and return the principal at maturity.
For example, if you lend 1 million won to Korea Electric Power Corporation (KEPCO),