Introduction to Bonds & Bond Markets

Bonds are the foundation of the global financial system—and understanding how they work is essential for anyone serious about finance, investing, or building a resilient portfolio. In this course, you’ll get a clear, accessible introduction to bonds and bond markets, with real-world examples and easy-to-follow explanations designed for both beginners and aspiring professionals.

We’ll cover everything from what bonds are, why they exist, and how they are valued, to how they are issued, traded, and rated. You’ll learn how interest rates impact bond prices, what terms like “yield to maturity” really mean, and how to recognize the different types of bonds government, corporate, municipal, and more.

You’ll also explore key risks like credit risk, liquidity risk, and interest rate risk, and discover basic bond investment strategies, including laddering, diversification approaches, and understanding bond market cycles over time.

By the end of the course, you’ll be able to:

• Understand bond structures, terms, and pricing mechanisms
• Navigate primary and secondary bond markets
• Identify the risks and returns of different bond types
• Evaluate bond investments based on yield and credit ratings
• Start building a foundational bond portfolio for long-term financial goals
• Approach bond investing with greater confidence and practical knowledge

No prior finance experience is needed—just curiosity and a willingness to learn. This course is your essential entry point into the world of fixed-income investing.