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A key feature of fixed-rate bonds is their maturity date, which is the date on which the bond will be repaid in full. Bonds with longer maturity dates typically offer higher interest rates, as investors are willing to lock in their money for a longer period of time. On the other hand, shorter maturity dates may have lower interest rates but offer more flexibility for investors to access their funds sooner.
Another important factor to consider with fixed-rate bonds is the credit rating of the issuer. This indicates the level of risk associated with the bond, with higher ratings indicating a lower risk of default. Investors
