FDR with BOND

Bonds are commonly referred to as fixed-income securities and are one of the three main asset classes, along with stocks and cash equivalents..

(Bonds are debt, whereas stocks are equity. This is the important distinction between the two securities. By purchasing equity (stock) an investor becomes an owner in a corporation. Ownership comes with voting rights and the right to share in any future profits. By purchasing debt (bonds) an investor becomes a creditor to the corporation (or government). The primary advantage of being a creditor is that you have a higher claim on assets than shareholders do: that is, in the case of bankruptcy. a bondholder will get paid before a shareholder. However, the bondholder does not share in the profits if a company does well - he or she is entitled only to the principal plus interest.)

SUPPOSE you fdr 1,00,000 taka with a bank you will be paid 11%-12% after one year,
but if you buy ibbl mudaraba bond[which is under valued] of 100000 taka at current price(890-900) and you can buy
100000/900=111 bond,
after one year or record date you will get 12% of 111000 taka,because your buying price lower than it's face value[face value 1000 taka]
REMEMBER-bond for fdr or long term hold,not for short term or quick profit and don't buy it upper face value