pay back the bond principal

[ostap77]

"The government will not fail to make its interest payments on time or that it will not pay back the bond principal on the due date."

So it's always "pay back the bond principal"? Can I say "according to the bond principle"? Can I use the plural for "the bond principal" as "pay back bond principals"?

 

[SoothingDave]

No. "According" does not mean "to pay back." And this sentence (which does not seem to make a lot of sense) is talking about a bond, not plural bonds.

 

[Barb_D]

Please note that you are mixing up the two words principal and principle.

The principal of a bond is the capital sum (not the interest). If you take a loan for $1000, then $1000 is the principal.

You pay back the principal as well as the interest.

 

[ostap77]

No. "According" does not mean "to pay back." And this sentence (which does not seem to make a lot of sense) is talking about a bond, not plural bonds.

Sorry. I meant "pay back according to the bond principal".

"For example in the U.S. bonds issued by the government are considered to have very low risk because investors consider it very unlikely that the government will fail to make its interest payments on time or that it will not pay back the bond principal on the due date."

 

[SoothingDave]

No. It's not a concept, an idea, a "principle." It is a simple noun, the "principal," which is the amount of money you have borrowed. You pay back the principal.