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What happens when a bond becomes due?

Written by
Fact checked by
Feb 2024

On the maturity date, or in other words, when the bond becomes due, the issuer must pay back:

  • the face value of the bond in full, and
  • the last interest payment (unless it’s a zero-coupon issue)

What else do you need to know about bonds?

Want to learn more before deciding what’s your optimal bond allocation? You might want to check out these other articles to deepen your knowledge.

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Balázs Szládek
Author of this article
I have 20+ years of hands-on experience as a business journalist, researcher, copy editor and translator covering topics including general news, economic policy, politics and energy markets. I enjoy the challenge of explaining difficult subjects in plain English, helping would-be investors navigate the field of financial markets. I hold a master's degree in American Studies and Political Science.
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