Question

When the bond matures in 2021, what payments will investors holding GFL bonds receive?

Answer 1

A bond is a debt security. Borrowers issue bonds to raise money from investors for a certain amount of time to fulfil their certain requirements like expansion, increase of company size, business purchase etc.

When you buy a bond, you are lending to the issuer, which may be a government, municipality, or corporation. In return, the issuer promises to pay you a specified rate of interest during the life of the bond and to repay the principal, also known as face value or par value of the bond, when it "matures.

So, when the bond matures in the year 2021, investers holding the GFL bonds will receive their principal amount back which they invested years back.