Investing in bonds is often a good way to earn reasonable returns, learn do verdict whether a tax free bond taxable bond is extremely investment? A bond is actually the lending of money to another party. Bonds are issued as security for the money loaned. Most bonds may be corporate or governmental. However traditionally issued in $1,000 face amount. Interest is paid on an annual or semi-annual basis. Corporate bonds are taxable, while some governmentals are non-taxable. Municipal bonds and I-bo...