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What is the difference between the bond issuance date for the issuer and the investor?

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Final answer:

The difference between the bond issuance date for the issuer and the investor lies in the timing of the repayment and interest payments. The issuer agrees to pay back the face value of the bond and its last interest payment on the maturity date, while the investor receives the bond and is entitled to receive these payments.

Step-by-step explanation:

In financial terms, a bond has several parts. A bond is basically an "I owe you" note that an investor receives in exchange for capital (money). The bond has a face value which is the amount the borrower agrees to pay the investor at maturity. The bond also has a maturity date, which is when the borrower will pay back the face value of the bond as well as its last interest payment.

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