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[Content introduction]
Bonds are an important means for governments and companies to raise money. However, the bond market in recent years has been shaken violently due to the Lehman Shock, Abenomics, and the introduction of negative interest rates by the Bank of Japan. This book is the fourth edition of an introductory book for those who are not familiar with the economy. It provides an easy-to-understand explanation of bond trading such as government bonds and corporate bonds, the bond market, and the structure of bond investment. You can learn the basics of bonds such as the function and structure of interest rates, bond issuance and redemption, the relationship between negative interest rates and bonds, and so on!