The reason to purchase bonds is to receive a specific, reliable return on your investment.
What are bonds?
Bonds are debt instruments which gives the bondholder to receive interest at a specified periods of time. This means that at maturity of the bond, the bondholder receives the amount invested.
Government issue bonds to support government spending and obligations, hence are safe . Also, the rate of return is usually lower when compared to stocks.
Therefore, reason to purchase bonds is to receive a specific, reliable return on your investment.
Learn more about bonds here : https://brainly.com/question/494152
