実践ガイド

債券とは

債券は発行体にお金を貸し、利息と満期を受け取る仕組みです。

重要ポイント

A bond is a loan: you are the creditor, the issuer is the debtor.

You receive periodic interest (coupon) and, if all goes well, the capital back at maturity.

When market rates rise, many existing bonds become less attractive and their price tends to fall.

When rates fall, the mechanism works in the opposite direction.

They mainly reduce overall swings; they are not magic return generators.

For long-term investors, the bond allocation can be a psychological cushion as well as a financial one.

Define how much calm you want during drawdowns: that answer helps determine your bond allocation.

情報提供と学習目的の内容であり、個別の金融助言ではありません。