Bonds represent a loan made to the issuer of the bond. Bonds can be taxable or tax-exempt and are issued by a corporation, the United States government, a United States government agency or municipality.
Typically, bonds pay a fixed rate of interest at regular intervals and have a definite maturity date. Once a bond matures, unless the bond is redeemed prior to maturity by the issuer, the investor is typically paid the face value of the bond.
Available through the Northwestern Mutual Investment Services, LLC (NMIS) trading services desk.
Please be aware that the credit risk or risk of default, associated with a particular issuer may affect the safety of the invested principal. Interest rate risk or the risk that changes in interest rates during the term of the bond might affect the market value of the bond prior to the call or maturity date.
For additional information on the types of municipal bonds that NMIS offers and some of the risks associated, read Municipal Securities. When NMIS buys or sells a bond, the customer is charged for the service in the form of either a commission or a mark-up or mark-down.
All securities are offered through Northwestern Mutual Investment Services LLC, (NMIS), Suite 600, 611 E. Wisconsin Avenue, Milwaukee, WI 53202, 1-866-664-7737. Member FINRA and SIPC. NMIS is wholly owned by Northwestern Mutual.