Bonds basics
A bond is a fixed-income instrument that represents a loan made by an investor to a borrower. Bonds are used by governments and corporations for financing instead of a bank loan. The bond issuer receives the needed funding during the bond offering phase.
Generally, investors receive periodic interest (coupon) payments until the bond reaches maturity. At that point, the bond’s principal amount is repaid to the investor.
Coupon payments
Typically, coupon payments are made annually, but the frequency can vary depending on the bond. The amount you receive depends on how much you've purchased. Coupons can take time to settle but are typically paid within 2 business days of the official coupon date.
To view past payments in the Revolut app:
- Tap ‘Invest’ in the bottom menu
- Scroll down to ‘Transactions’
- Tap ‘See all’
- Select the coupon transaction to see details
How to check next coupon date in the Revolut app
- Tap ‘Invest’ in the bottom menu
- Select the bond
- Scroll to ‘Attributes’ and check ‘Next coupon date’
Revolut bond offerings
We offer two types of bonds:
- Corporate bonds
- Government bonds
Corporate bonds are issued by private-sector companies, while government bonds include sovereign debt. A sub-sector of government bonds includes agency and quasi-government bonds, which focus on infrastructure, research, and social welfare projects.